SLP Resources Berhad Third Quarter 2024 Earnings: EPS: RM0.005 (vs RM0.008 in 3Q 2023)
SLP Resources Berhad (KLSE:SLP) Third Quarter 2024 Results
Key Financial Results
- Revenue: RM38.4m (down 7.9% from 3Q 2023).
- Net income: RM1.55m (down 42% from 3Q 2023).
- Profit margin: 4.0% (down from 6.4% in 3Q 2023). The decrease in margin was driven by lower revenue.
- EPS: RM0.005 (down from RM0.008 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SLP Resources Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Packaging industry in Malaysia.
Performance of the Malaysian Packaging industry.
The company's shares are up 1.1% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for SLP Resources Berhad that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About KLSE:SLP
SLP Resources Berhad
An investment holding company, manufactures and sells plastic packaging and related products in Malaysia, Japan, Australia, and internationally.
Flawless balance sheet with reasonable growth potential and pays a dividend.