TRC Synergy Berhad (KLSE:TRC) Third Quarter 2022 Results

Key Financial Results

• Revenue: RM137.8m (down 4.3% from 3Q 2021).

• Net income: RM3.02m (down 49% from 3Q 2021).

• Profit margin: 2.2% (down from 4.1% in 3Q 2021). The decrease in margin was driven by lower revenue.

• EPS: RM0.006 (down from RM0.013 in 3Q 2021).

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

TRC Synergy Berhad Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 13% growth forecast for the Construction industry in Malaysia.

Performance of the Malaysian Construction industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for TRC Synergy Berhad that you should be aware of.

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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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