Tropicana Corporation Berhad Full Year 2024 Earnings: RM0.086 loss per share (vs RM0.08 loss in FY 2023)

Tropicana Corporation Berhad (KLSE:TROP) Full Year 2024 Results

Key Financial Results

• Revenue: RM1.40b (down 6.3% from FY 2023).
• Net loss: RM195.9m (loss widened by 13% from FY 2023).
• RM0.086 loss per share (further deteriorated from RM0.08 loss 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 and Property Management segment contributing a total revenue of RM1.22b (87% of total revenue). Notably, cost of sales worth RM976.9m amounted to 70% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM280.4m (45% of total expenses). Explore how TROP's revenue and expenses shape its earnings.

Tropicana Corporation Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Tropicana Corporation Berhad is showing 1 warning sign in our investment analysis that you should know about...

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