KPJ Healthcare Berhad (KLSE:KPJ) First Quarter 2024 Results

Key Financial Results

• Revenue: RM908.0m (up 11% from 1Q 2023).

• Net income: RM75.8m (up 39% from 1Q 2023).

• Profit margin: 8.4% (up from 6.7% in 1Q 2023). The increase in margin was driven by higher revenue.

• EPS: RM0.017 (up from RM0.013 in 1Q 2023).

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

KPJ Healthcare Berhad EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%.

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Healthcare industry in Malaysia.

Performance of the Malaysian Healthcare industry.

The company's shares are down 5.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for KPJ Healthcare Berhad you should know about.

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