Teo Guan Lee Corporation Berhad Full Year 2024 Earnings: EPS: RM0.13 (vs RM0.14 in FY 2023)

Teo Guan Lee Corporation Berhad (KLSE:TGL) Full Year 2024 Results

Key Financial Results

• Revenue: RM133.3m (up 5.3% from FY 2023).
• Net income: RM10.8m (down 5.3% from FY 2023).
• Profit margin: 8.1% (down from 9.0% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.13 (down from RM0.14 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 Apparels segment contributing a total revenue of RM131.1m (98% of total revenue). Notably, cost of sales worth RM81.7m amounted to 61% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to RM28.6m (70% of total expenses). Explore how TGL's revenue and expenses shape its earnings.

Teo Guan Lee Corporation Berhad shares are up 3.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Teo Guan Lee Corporation Berhad that you need to take into consideration.

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