Coastal Contracts Bhd (KLSE:COASTAL) Full Year 2023 Results

Key Financial Results

• Revenue: RM208.9m (down 5.0% from FY 2022).

• Net income: RM46.5m (down 89% from FY 2022).

• Profit margin: 22%.

• EPS: RM0.088 (down from RM0.81 in FY 2022).

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

Coastal Contracts Bhd Earnings Insights

Looking ahead, revenue is expected to decline by 38% p.a. on average during the next 3 years, while revenues in the Machinery industry in Malaysia are expected to grow by 18%.

Performance of the Malaysian Machinery industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Be aware that Coastal Contracts Bhd is showing 2 warning signs in our investment analysis that you should know about...

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