United Malacca Berhad Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St · 08/30 23:35

United Malacca Berhad (KLSE:UMCCA) Full Year 2024 Results

Key Financial Results

  • Revenue: RM595.6m (down 1.5% from FY 2023).
  • Net income: RM50.4m (down 18% from FY 2023).
  • Profit margin: 8.5% (down from 10% in FY 2023).
  • EPS: RM0.24 (down from RM0.29 in FY 2023).
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KLSE:UMCCA Earnings and Revenue Growth August 30th 2024

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

United Malacca Berhad Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) missed analyst estimates by 9.6%.

Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 2 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 1.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for United Malacca Berhad that you should be aware of.