Tambun Indah Land Berhad Third Quarter 2024 Earnings: EPS: RM0.017 (vs RM0.029 in 3Q 2023)

Tambun Indah Land Berhad (KLSE:TAMBUN) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM40.5m (down 16% from 3Q 2023).
• Net income: RM7.64m (down 41% from 3Q 2023).
• Profit margin: 19% (down from 27% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: RM0.017 (down from RM0.029 in 3Q 2023).

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

Tambun Indah Land Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 5.8% 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 3.8% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Tambun Indah Land Berhad that you need to take into consideration.

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