Coraza Integrated Technology Berhad (KLSE:CORAZA) Full Year 2022 Results

Key Financial Results

• Revenue: RM143.3m (up 35% from FY 2021).

• Net income: RM14.7m (up 14% from FY 2021).

• Profit margin: 10% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses.

• EPS: RM0.034.

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

Coraza Integrated Technology Berhad Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) missed analyst estimates by 7.3%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in Malaysia.

Performance of the Malaysian Metals and Mining industry.

The company's shares are up 7.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Coraza Integrated Technology Berhad you should be aware of, and 1 of them shouldn't be ignored.

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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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