Mynews Holdings Berhad Full Year 2024 Earnings: EPS: RM0.013 (vs RM0.015 loss in FY 2023)

Mynews Holdings Berhad (KLSE:MYNEWS) Full Year 2024 Results

Key Financial Results

• Revenue: RM804.2m (up 10% from FY 2023).
• Net income: RM9.38m (up from RM10.7m loss in FY 2023).
• Profit margin: 1.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: RM0.013 (up from RM0.015 loss in FY 2023).

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

Mynews Holdings Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Malaysia.

Performance of the Malaysian Specialty Retail industry.

The company's shares are down 2.9% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Mynews Holdings Berhad's balance sheet health.

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