LBS Bina Group Berhad Full Year 2024 Earnings: EPS: RM0.14 (vs RM0.077 in FY 2023)

LBS Bina Group Berhad (KLSE:LBS) Full Year 2024 Results

Key Financial Results

• Revenue: RM1.43b (down 22% from FY 2023).
• Net income: RM261.8m (up 119% from FY 2023).
• Profit margin: 18% (up from 6.5% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: RM0.14 (up from RM0.077 in FY 2023).

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

LBS Bina Group Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Real Estate industry in Malaysia.

Performance of the Malaysian Real Estate industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for LBS Bina Group Berhad (1 makes us a bit uncomfortable!) that you should be aware of.

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