Perak Transit Berhad Third Quarter 2022 Earnings: EPS: RM0.022 (vs RM0.022 in 3Q 2021)

Simply Wall St

November 24, 2022

Perak Transit Berhad (KLSE:PTRANS) Third Quarter 2022 Results

Key Financial Results

Revenue: RM45.6m (up 29% from 3Q 2021).
Net income: RM15.0m (up 10% from 3Q 2021).
Profit margin: 33% (down from 39% in 3Q 2021). The decrease in margin was driven by higher expenses.
EPS: RM0.022 (in line with 3Q 2021).

earnings-and-revenue-growth — KLSE:PTRANS Earnings and Revenue Growth November 24th 2022

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

Perak Transit Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Transportation industry in Asia.

Performance of the market in Malaysia.

The company's shares are up 7.3% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for Perak Transit Berhad (1 shouldn't be ignored!) that you need to take into consideration.

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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.