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KGW Group Berhad Reports Second Quarter 2024 Earnings

KGW Group Berhad (KLSE:KGW) Second Quarter 2024 Results

Key Financial Results

  • Revenue: RM37.3m (up 137% from 2Q 2023).

  • Net income: RM1.41m (up 42% from 2Q 2023).

  • Profit margin: 3.8% (down from 6.3% in 2Q 2023). The decrease in margin was driven by higher expenses.

earnings-and-revenue-history
KLSE:KGW Earnings and Revenue History August 30th 2024

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

KGW Group Berhad shares are down 7.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for KGW Group Berhad (3 are a bit unpleasant!) that you should be aware of.

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