Lagenda Properties Berhad Third Quarter 2024 Earnings: EPS: RM0.056 (vs RM0.046 in 3Q 2023)

Lagenda Properties Berhad (KLSE:LAGENDA) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM283.4m (up 30% from 3Q 2023).
• Net income: RM47.3m (up 23% from 3Q 2023).
• Profit margin: 17% (in line with 3Q 2023).
• EPS: RM0.056 (up from RM0.046 in 3Q 2023).

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

Lagenda Properties Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Real Estate industry in Malaysia.

Performance of the Malaysian Real Estate industry.

The company's shares are down 1.5% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Lagenda Properties Berhad's balance sheet.

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