In This Article:
Texchem Resources Bhd (KLSE:TEXCHEM) Full Year 2023 Results
Key Financial Results
-
Revenue: RM993.5m (down 13% from FY 2022).
-
Net loss: RM10.8m (down by 150% from RM21.9m profit in FY 2022).
-
RM0.092 loss per share (down from RM0.18 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Texchem Resources Bhd Earnings Insights
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Industrials industry in Asia.
Performance of the market in Malaysia.
The company's shares are down 6.2% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Texchem Resources Bhd (at least 1 which can't be ignored), and understanding these should be part of your investment process.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.