Malayan Flour Mills Berhad Second Quarter 2024 Earnings: EPS: RM0.015 (vs RM0.002 loss in 2Q 2023)

Simply Wall St · 08/30 22:02

Malayan Flour Mills Berhad (KLSE:MFLOUR) Second Quarter 2024 Results

Key Financial Results

  • Revenue: RM751.9m (flat on 2Q 2023).
  • Net income: RM18.8m (up from RM1.97m loss in 2Q 2023).
  • Profit margin: 2.5% (up from net loss in 2Q 2023).
  • EPS: RM0.015 (up from RM0.002 loss in 2Q 2023).
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KLSE:MFLOUR Earnings and Revenue Growth August 30th 2024

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

Malayan Flour Mills Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Food industry in Malaysia.

Performance of the Malaysian Food industry.

The company's shares are down 2.6% from a week ago.

Risk Analysis

Be aware that Malayan Flour Mills Berhad is showing 4 warning signs in our investment analysis that you should know about...