NationGate Holdings Berhad Second Quarter 2024 Earnings: EPS: RM0.014 (vs RM0.007 in 2Q 2023)

NationGate Holdings Berhad (KLSE:NATGATE) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM679.7m (up 373% from 2Q 2023).
• Net income: RM28.5m (up 99% from 2Q 2023).
• Profit margin: 4.2% (down from 10.0% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.014 (up from RM0.007 in 2Q 2023).

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

NationGate Holdings Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in Malaysia.

Performance of the Malaysian Electronic industry.

The company's shares are up 4.3% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with NationGate Holdings Berhad.

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