Unisem (M) Berhad Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

editorial-team@simplywallst.com (Simply Wall St)

Wed, Apr 3, 2024, 5:36 PM 1 min read

Unisem (M) Berhad (KLSE:UNISEM) Full Year 2023 Results

Key Financial Results

Revenue: RM1.44b (down 19% from FY 2022).
Net income: RM81.9m (down 66% from FY 2022).
Profit margin: 5.7% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue.
EPS: RM0.051 (down from RM0.15 in FY 2022).

revenue-and-expenses-breakdown — KLSE:UNISEM Revenue and Expenses Breakdown April 3rd 2024

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

Unisem (M) Berhad EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 3.1%.

The primary driver behind last 12 months revenue was the United States of America segment contributing a total revenue of RM863.0m (60% of total revenue). The largest operating expense was General & Administrative costs, amounting to RM380.3m (46% of total expenses). Explore how UNISEM's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia.

Performance of the Malaysian Semiconductor industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Unisem (M) Berhad (1 makes us a bit uncomfortable) 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.