IGB Berhad (KLSE:IGBB) Full Year 2023 Results

Key Financial Results

• Revenue: RM1.60b (up 24% from FY 2022).

• Net income: RM311.9m (up 96% from FY 2022).

• Profit margin: 20% (up from 12% in FY 2022). The increase in margin was driven by higher revenue.

• EPS: RM0.23 (up from RM0.12 in FY 2022).

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

IGB Berhad Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 7.1% growth forecast for the Diversified Financial industry in Asia.

Performance of the market in Malaysia.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - IGB Berhad has 2 warning signs (and 1 which is potentially serious) we think you should know about.

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