JCY International Berhad Second Quarter 2024 Earnings: EPS: RM0.003 (vs RM0.012 loss in 2Q 2023)

JCY International Berhad (KLSE:JCY) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM147.1m (up 41% from 2Q 2023).
• Net income: RM5.35m (up from RM25.3m loss in 2Q 2023).
• Profit margin: 3.6% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
• EPS: RM0.003 (up from RM0.012 loss in 2Q 2023).

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

JCY International Berhad shares are up 15% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for JCY International Berhad that you need to be mindful of.

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