Oppstar Berhad Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

Oppstar Berhad (KLSE:OPPSTAR) Full Year 2023 Results

Key Financial Results

  • Revenue: RM57.9m (up 14% from FY 2022).

  • Net income: RM20.4m (up 22% from FY 2022).

  • Profit margin: 35% (up from 33% in FY 2022). The increase in margin was driven by higher revenue.

  • EPS: RM0.043.

earnings-and-revenue-growth
KLSE:OPPSTAR Earnings and Revenue Growth July 31st 2023

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

Oppstar Berhad EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates by 30%.

Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia.

Performance of the Malaysian Semiconductor industry.

The company's shares are up 11% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Oppstar Berhad's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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