Nam Cheong Third Quarter 2024 Earnings: EPS: RM0.12 (vs RM0.74 in 3Q 2023)

In This Article:

Nam Cheong (SGX:1MZ) Third Quarter 2024 Results

Key Financial Results

  • Revenue: RM200.4m (up 34% from 3Q 2023).

  • Net income: RM47.1m (down 21% from 3Q 2023).

  • Profit margin: 24% (down from 40% in 3Q 2023). The decrease in margin was driven by higher expenses.

  • EPS: RM0.12 (down from RM0.74 in 3Q 2023).

earnings-and-revenue-history
SGX:1MZ Earnings and Revenue History November 15th 2024

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

Nam Cheong's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Nam Cheong (of which 1 doesn't sit too well with us!) you should know about.

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