Stock Analysis

Mega First Corporation Berhad Third Quarter 2024 Earnings: EPS: RM0.12 (vs RM0.11 in 3Q 2023)

KLSE:MFCB
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Mega First Corporation Berhad (KLSE:MFCB) Third Quarter 2024 Results

Key Financial Results

  • Revenue: RM372.0m (up 16% from 3Q 2023).
  • Net income: RM116.6m (up 14% from 3Q 2023).
  • Profit margin: 31% (in line with 3Q 2023).
  • EPS: RM0.12 (up from RM0.11 in 3Q 2023).
earnings-and-revenue-growth
KLSE:MFCB Earnings and Revenue Growth November 23rd 2024

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

Mega First Corporation Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Renewable Energy industry in Asia.

Performance of the market in Malaysia.

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

Risk Analysis

You still need to take note of risks, for example - Mega First Corporation Berhad has 2 warning signs (and 1 which is significant) we think you should know about.

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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.

About KLSE:MFCB

Mega First Corporation Berhad

An investment holding company, engages in renewable energy, resources, packaging, property, plantation, oleochemical, and automation equipment manufacturing businesses in Malaysia, Lao PDR, other ASEAN countries, India, Bangladesh, Papua New Guinea, Australia, New Zealand, and internationally.

Flawless balance sheet, undervalued and pays a dividend.