Uchi Technologies Berhad Third Quarter 2024 Earnings: EPS: RM0.062 (vs RM0.073 in 3Q 2023)

Uchi Technologies Berhad (KLSE:UCHITEC) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM55.5m (down 12% from 3Q 2023).
• Net income: RM28.3m (down 15% from 3Q 2023).
• Profit margin: 51% (down from 53% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: RM0.062 (down from RM0.073 in 3Q 2023).

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

Uchi Technologies Berhad Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 21% growth forecast for the Electronic industry in Malaysia.

Performance of the Malaysian Electronic industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Uchi Technologies Berhad that you should be aware of.

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