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