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Bintulu Port Holdings Berhad Second Quarter 2024 Earnings: EPS: RM0.087 (vs RM0.052 in 2Q 2023)
Bintulu Port Holdings Berhad (KLSE:BIPORT) Second Quarter 2024 Results
Key Financial Results
- Revenue: RM197.0m (up 11% from 2Q 2023).
- Net income: RM39.8m (up 68% from 2Q 2023).
- Profit margin: 20% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: RM0.087 (up from RM0.052 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bintulu Port Holdings Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Infrastructure industry in Asia.
Performance of the market in Malaysia.
The company's shares are up 1.9% 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 Bintulu Port Holdings Berhad that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if Bintulu Port Holdings Berhad might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About KLSE:BIPORT
Bintulu Port Holdings Berhad
An investment holding company, operates in port operator business in Malaysia and Brunei.
Flawless balance sheet with solid track record.