Reach Energy Berhad Second Quarter 2024 Earnings: RM0.003 loss per share (vs RM0.015 profit in 2Q 2023)

Simply Wall St · 09/01 00:02

Reach Energy Berhad (KLSE:REACH) Second Quarter 2024 Results

Key Financial Results

  • Revenue: RM54.9m (up 8.3% from 2Q 2023).
  • Net loss: RM6.65m (down by 120% from RM32.6m profit in 2Q 2023).
  • RM0.003 loss per share (down from RM0.015 profit in 2Q 2023).
earnings-and-revenue-history
KLSE:REACH Earnings and Revenue History September 1st 2024

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

Reach Energy Berhad shares are down 17% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Reach Energy Berhad (2 shouldn't be ignored!) that you need to take into consideration.