Amway (Malaysia) Holdings Berhad Third Quarter 2024 Earnings: EPS: RM0.20 (vs RM0.28 in 3Q 2023)

Amway (Malaysia) Holdings Berhad (KLSE:AMWAY) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM299.8m (down 10% from 3Q 2023).
• Net income: RM32.9m (down 29% from 3Q 2023).
• Profit margin: 11% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: RM0.20 (down from RM0.28 in 3Q 2023).

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

Amway (Malaysia) Holdings Berhad Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 9.7% growth forecast for the Specialty Retail industry in Malaysia.

Performance of the Malaysian Specialty Retail industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Amway (Malaysia) Holdings Berhad (1 doesn't sit too well with us!) that you should be aware of.

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