NationGate Holdings Berhad Third Quarter 2024 Earnings: EPS: RM0.02 (vs RM0.008 in 3Q 2023)

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

Key Financial Results

• Revenue: RM1.35b (up by RM1.19b from 3Q 2023).
• Net income: RM46.6m (up 170% from 3Q 2023).
• Profit margin: 3.4% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.02 (up from RM0.008 in 3Q 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 38% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in Malaysia.

Performance of the Malaysian Electronic industry.

The company's shares are down 7.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - NationGate Holdings Berhad has 2 warning signs we think you should be aware of.

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