UEM Sunrise Berhad Third Quarter 2024 Earnings: EPS: RM0.005 (vs RM0.002 in 3Q 2023)

UEM Sunrise Berhad (KLSE:UEMS) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM369.3m (up 18% from 3Q 2023).
• Net income: RM24.3m (up 185% from 3Q 2023).
• Profit margin: 6.6% (up from 2.7% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: RM0.005 (up from RM0.002 in 3Q 2023).

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

UEM Sunrise Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Real Estate industry in Malaysia.

Performance of the Malaysian Real Estate industry.

The company's shares are down 3.1% from a week ago.

Risk Analysis

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

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