Glomac Berhad (KLSE:GLOMAC) Full Year 2024 Results
Key Financial Results
Revenue: RM266.7m (down 22% from FY 2023).
Net income: RM23.6m (down 25% from FY 2023).
Profit margin: 8.8% (down from 9.2% in FY 2023).
EPS: RM0.031 (down from RM0.041 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Glomac Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Real Estate industry in Malaysia.
Performance of the Malaysian Real Estate industry.
The company’s shares are up 2.3% from a week ago.
Risk Analysis
Be aware that Glomac Berhad is showing 3 warning signs in our investment analysis that you should know about…
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
Credit: Source link
