MKH Berhad Second Quarter 2024 Earnings: EPS: RM0.036 (vs RM0.043 in 2Q 2023)
MKH Berhad (KLSE:MKH) Second Quarter 2024 Results
Key Financial Results
Revenue: RM267.1m (up 4.5% from 2Q 2023).
Net income: RM20.7m (down 17% from 2Q 2023).
Profit margin: 7.8% (down from 9.8% in 2Q 2023). The decrease in margin was driven by higher expenses.
EPS: RM0.036 (down from RM0.043 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
MKH Berhad Earnings Insights
Looking ahead, revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Malaysia are expected to grow by 8.0%.
Performance of the Malaysian Real Estate industry.
The company's shares are up 3.8% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for MKH Berhad that we have uncovered.
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