Malakoff Corporation Berhad Second Quarter 2024 Earnings: EPS: RM0.019 (vs RM0.065 loss in 2Q 2023)

Malakoff Corporation Berhad (KLSE:MALAKOF) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM2.31b (down 2.4% from 2Q 2023).
• Net income: RM93.6m (up from RM318.7m loss in 2Q 2023).
• Profit margin: 4.1% (up from net loss in 2Q 2023).
• EPS: RM0.019 (up from RM0.065 loss in 2Q 2023).

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

Malakoff Corporation Berhad Earnings Insights

Looking ahead, revenue is expected to decline by 3.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 10%.

Performance of the market in Malaysia.

The company's shares are up 3.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Malakoff Corporation Berhad (1 is significant) you should be aware of.

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