Infoline Tec Group Berhad (KLSE:INFOTEC) Full Year 2023 Results

Key Financial Results

• Revenue: RM71.9m (down 1.3% from FY 2022).

• Net income: RM19.3m (up 59% from FY 2022).

• Profit margin: 27% (up from 17% in FY 2022). The increase in margin was driven by lower expenses.

• EPS: RM0.053 (up from RM0.037 in FY 2022).

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

Infoline Tec Group Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the IT industry in Asia.

Performance of the market in Malaysia.

The company's shares are up 7.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Infoline Tec Group Berhad you should be aware of, and 1 of them is a bit unpleasant.

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