QES Group Berhad Third Quarter 2024 Earnings: EPS: RM0.002 (vs RM0.005 in 3Q 2023)

QES Group Berhad (KLSE:QES) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM58.4m (up 7.8% from 3Q 2023).
• Net income: RM1.24m (down 71% from 3Q 2023).
• Profit margin: 2.1% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.002 (down from RM0.005 in 3Q 2023).

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

QES Group Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 15% 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 down 2.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for QES Group Berhad (1 is potentially serious) you should be aware of.

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