Stock Analysis

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

  •  Updated
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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).
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.

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