Synergy House Berhad (KLSE:SYNERGY) Third Quarter 2024 Results
Key Financial Results
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Revenue: RM114.0m (up 26% from 3Q 2023).
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Net income: RM11.0m (up 7.1% from 3Q 2023).
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Profit margin: 9.7% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses.
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EPS: RM2.20 (up from RM0.021 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Synergy House Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Durables industry in Malaysia.
Performance of the Malaysian Consumer Durables industry.
The company's shares are up 4.1% 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. See our latest analysis on Synergy House Berhad's balance sheet health.
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