Engtex Group Berhad (KLSE:ENGTEX) Full Year 2023 Results
Key Financial Results
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Revenue: RM1.47b (up 1.8% from FY 2022).
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Net income: RM10.1m (down 69% from FY 2022).
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Profit margin: 0.7% (down from 2.3% in FY 2022). The decrease in margin was driven by higher expenses.
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EPS: RM0.023 (down from RM0.075 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Engtex Group Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Trade Distributors industry in Malaysia.
Performance of the Malaysian Trade Distributors industry.
The company's shares are down 15% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Engtex Group Berhad you should be aware of, and 1 of them is potentially serious.
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