CashNews.co
Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Second Quarter 2024 Results
Key Financial Results
-
Revenue: RM101.0m (up 208% from 2Q 2023).
-
Net income: RM25.2m (up 398% from 2Q 2023).
-
Profit margin: 25% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue.
-
EPS: RM0.045 (up from RM0.02 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Boustead Heavy Industries Corporation Berhad shares are down 1.0% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we’ve spotted 3 warning signs for Boustead Heavy Industries Corporation Berhad you should be aware of, and 2 of them don’t sit too well with us.
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.