Perak Transit Berhad Third Quarter 2023 Earnings: EPS: RM0.023 (vs RM0.022 in 3Q 2022)

Perak Transit Berhad (KLSE:PTRANS) Third Quarter 2023 Results

Key Financial Results

• Revenue: RM43.7m (down 4.3% from 3Q 2022).
• Net income: RM16.6m (up 10% from 3Q 2022).
• Profit margin: 38% (up from 33% in 3Q 2022). The increase in margin was driven by lower expenses.
• EPS: RM0.023 (up from RM0.022 in 3Q 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 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Transportation industry in Asia.

Performance of the market in Malaysia.

The company's shares are up 2.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Perak Transit Berhad you should be aware of.

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