Power Root Berhad Third Quarter 2024 Earnings: EPS: RM0.015 (vs RM0.027 in 3Q 2023)

Power Root Berhad (KLSE:PWROOT) Third Quarter 2024 Results

Key Financial Results

  • Revenue: RM94.7m (down 12% from 3Q 2023).

  • Net income: RM7.00m (down 38% from 3Q 2023).

  • Profit margin: 7.4% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue.

  • EPS: RM0.015 (down from RM0.027 in 3Q 2023).

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KLSE:PWROOT Earnings and Revenue Growth March 5th 2024

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

Power Root Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Beverage industry in Malaysia.

Performance of the Malaysian Beverage industry.

The company's shares are down 2.3% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Power Root Berhad that you should be aware of before investing here.

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