Reservoir Link Energy Bhd Full Year 2024 Earnings: RM0.003 loss per share (vs RM0.02 profit in FY 2023)

Simply Wall St · 09/01 00:47

Reservoir Link Energy Bhd (KLSE:RL) Full Year 2024 Results

Key Financial Results

  • Revenue: RM185.6m (up 17% from FY 2023).
  • Net loss: RM836.0k (down by 115% from RM5.74m profit in FY 2023).
  • RM0.003 loss per share (down from RM0.02 profit in FY 2023).
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KLSE:RL Earnings and Revenue Growth September 1st 2024

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

Reservoir Link Energy Bhd Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.8% decline forecast for the Energy Services industry in Malaysia.

Performance of the Malaysian Energy Services industry.

The company's shares are down 1.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Reservoir Link Energy Bhd (1 is potentially serious!) that we have uncovered.