Chin Teck Plantations Berhad (KLSE:CHINTEK) Full Year 2022 Results

Key Financial Results

• Revenue: RM260.3m (up 43% from FY 2021).

• Net income: RM107.5m (up 58% from FY 2021).

• Profit margin: 41% (up from 37% in FY 2021). The increase in margin was driven by higher revenue.

• EPS: RM1.18 (up from RM0.74 in FY 2021).

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

Chin Teck Plantations Berhad EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%.

Looking ahead, revenue is expected to fall by 9.2% p.a. on average during the next 3 years compared to a 1.2% decline forecast for the Food industry in Malaysia.

Performance of the Malaysian Food industry.

The company's shares are up 1.1% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Chin Teck Plantations Berhad (including 2 which are a bit concerning).

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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