CJ Century Logistics Holdings Berhad Second Quarter 2024 Earnings: EPS: RM0.002 (vs RM0.007 in 2Q 2023)

CJ Century Logistics Holdings Berhad (KLSE:CJCEN) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM183.9m (down 13% from 2Q 2023).
• Net income: RM1.10m (down 71% from 2Q 2023).
• Profit margin: 0.6% (down from 1.8% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: RM0.002 (down from RM0.007 in 2Q 2023).

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

CJ Century Logistics Holdings Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Logistics industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 3.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for CJ Century Logistics Holdings Berhad you should know about.

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