Homeritz Corporation Berhad (KLSE:HOMERIZ) Second Quarter 2024 Results
Key Financial Results
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Revenue: RM57.6m (up 45% from 2Q 2023).
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Net income: RM9.24m (up 66% from 2Q 2023).
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Profit margin: 16% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue.
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EPS: RM0.02 (up from RM0.012 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Homeritz Corporation Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 3.8% pa on average during the next 3 years, compared to a 13% growth forecast for the Consumer Durables industry in Malaysia.
Performance of the Malaysian Consumer Durables industry.
The company’s shares are up 1.8% from a week ago.
Risk Analysis
What about risks? Every company has them, and we’ve spotted them 2 warning signs for Homeritz Corporation Berhad you should know about.
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