Media Prima Berhad Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Media Prima Berhad (KLSE:MEDIA) Full Year 2024 Results
Key Financial Results
- Revenue: RM862.8m (down 12% from FY 2023).
- Net income: RM60.4m (up 40% from FY 2023).
- Profit margin: 7.0% (up from 4.4% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: RM0.054 (up from RM0.039 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Media Prima Berhad EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates by 195%.
Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Media industry in Asia.
Performance of the market in Malaysia.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Media Prima Berhad (of which 1 is a bit concerning!) you should know about.
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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:MEDIA
Media Prima Berhad
Operates as a media company in Malaysia and internationally.
Undervalued with excellent balance sheet.