Malaysian Resources Corporation Berhad Second Quarter 2024 Earnings: EPS: RM0.012 (vs RM0.002 in 2Q 2023)

Simply Wall St · 09/01 00:02

Malaysian Resources Corporation Berhad (KLSE:MRCB) Second Quarter 2024 Results

Key Financial Results

  • Revenue: RM372.2m (down 38% from 2Q 2023).
  • Net income: RM51.2m (up 371% from 2Q 2023).
  • Profit margin: 14% (up from 1.8% in 2Q 2023).
  • EPS: RM0.012 (up from RM0.002 in 2Q 2023).
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KLSE:MRCB Earnings and Revenue Growth September 1st 2024

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

Malaysian Resources Corporation Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Malaysia.

Performance of the Malaysian Construction industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Malaysian Resources Corporation Berhad (1 is significant!) that you should be aware of before investing here.