Stock Analysis

Thong Guan Industries Berhad Third Quarter 2022 Earnings: EPS: RM0.07 (vs RM0.058 in 3Q 2021)

KLSE:TGUAN
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Thong Guan Industries Berhad (KLSE:TGUAN) Third Quarter 2022 Results

Key Financial Results

  • Revenue: RM356.5m (up 20% from 3Q 2021).
  • Net income: RM27.1m (up 21% from 3Q 2021).
  • Profit margin: 7.6% (up from 7.5% in 3Q 2021). The increase in margin was driven by higher revenue.
  • EPS: RM0.07 (up from RM0.058 in 3Q 2021).
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KLSE:TGUAN Earnings and Revenue Growth December 5th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Thong Guan Industries Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in Malaysia.

Performance of the Malaysian Packaging industry.

The company's shares are down 5.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Thong Guan Industries Berhad has 2 warning signs (and 1 which shouldn't be ignored) we think you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Thong Guan Industries Berhad might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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:TGUAN

Thong Guan Industries Berhad

An investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, other Asian countries, Oceania, Europe, North America, and internationally.

Flawless balance sheet, good value and pays a dividend.

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