Bintulu Port Holdings Berhad Third Quarter 2024 Earnings: EPS: RM0.061 (vs RM0.071 in 3Q 2023)

Bintulu Port Holdings Berhad (KLSE:BIPORT) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM220.0m (up 10% from 3Q 2023).
• Net income: RM28.0m (down 14% from 3Q 2023).
• Profit margin: 13% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.061 (down from RM0.071 in 3Q 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 7.5% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Infrastructure industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 3.1% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Bintulu Port Holdings Berhad that you should be aware of before investing here.

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