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

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).

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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