RM0.013 (vs RM0.009 in 1Q 2023)

--

Ramssol Group Berhad (KLSE:RAMSSOL) First Quarter 2024 Results

Key Financial Results

  • Revenue: RM14.4m (up 124% from 1Q 2023).

  • Net income: RM4.17m (up 99% from 1Q 2023).

  • Profit margin: 29% (down from 33% in 1Q 2023). The decrease in margin was driven by higher expenses.

  • EPS: RM0.013 (up from RM0.009 in 1Q 2023).

earnings-and-revenue-growth

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

Ramsol Group Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 20% pa on average during the next 3 years, compared to a 9.2% growth forecast for the Professional Services industry in Asia.

Performance of the market in Malaysia.

The company’s shares are up 12% from a week ago.

Risk Analysis

We don’t want to rain on the parade too much, but we did also find 3 warning signs for Ramssol Group Berhad (1 is a bit concerning!) that you need to be mindful of.

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 into account 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.

The article is in Czech

Tags: RM0 .013 RM0 .009

-

NEXT How to watch the Colorado Avalanche vs. Winnipeg Jets NHL Playoffs game tonight: Game 5 livestream options, more