KAP First Half 2024 Earnings: EPS: R0.21 (vs R0.34 in 1H 2023)

KAP (JSE:KAP) First Half 2024 Results

Key Financial Results

• Revenue: R15.0b (down 1.6% from 1H 2023).
• Net income: R525.0m (down 37% from 1H 2023).
• Profit margin: 3.5% (down from 5.5% in 1H 2023).
• EPS: R0.21 (down from R0.34 in 1H 2023).

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

KAP Earnings Insights

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Global Industrials industry.

Performance of the market in South Africa.

The company's shares are up 16% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for KAP (1 can't be ignored!) that you should be aware of before investing here.

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