Reservoir Link Energy Bhd (KLSE:RL) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM44.7m (up 38% from 2Q 2023).

• Net income: RM318.0k (down 91% from 2Q 2023).

• Profit margin: 0.7% (down from 10% in 2Q 2023).

• EPS: RM0.001 (down from RM0.012 in 2Q 2023).

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

Reservoir Link Energy Bhd Earnings Insights

Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Energy Services industry in Malaysia.

Performance of the Malaysian Energy Services industry.

The company's shares are down 3.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for Reservoir Link Energy Bhd (of which 1 is potentially serious!) you should know about.

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