MKH Berhad Third Quarter 2024 Earnings: EPS: RM0.019 (vs RM0.037 in 3Q 2023)

MKH Berhad (KLSE:MKH) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM235.5m (down 14% from 3Q 2023).
• Net income: RM10.8m (down 50% from 3Q 2023).
• Profit margin: 4.6% (down from 7.9% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: RM0.019 (down from RM0.037 in 3Q 2023).

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

MKH Berhad Earnings Insights

Looking ahead, revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Malaysia are expected to grow by 8.7%.

Performance of the Malaysian Real Estate industry.

The company's shares are down 3.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for MKH Berhad you should know about.

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