Oriental Interest Berhad Full Year 2024 Earnings: EPS: RM0.18 (vs RM0.17 in FY 2023)

Oriental Interest Berhad (KLSE:OIB) Full Year 2024 Results

Key Financial Results

• Revenue: RM652.5m (up 22% from FY 2023).
• Net income: RM85.2m (up 8.3% from FY 2023).
• Profit margin: 13% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.18 (up from RM0.17 in FY 2023).

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

The primary driver behind last 12 months revenue was the Property Development segment contributing a total revenue of RM529.2m (81% of total revenue). Notably, cost of sales worth RM458.5m amounted to 70% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM54.3m (50% of total expenses). Explore how OIB's revenue and expenses shape its earnings.

Oriental Interest Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Oriental Interest Berhad has 1 warning sign we think you should be aware of.

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