Magni-Tech Industries Berhad (KLSE:MAGNI) Third Quarter 2023 Results
Key financial results
- Revenue: MYR 281.8 million (down 9.9% from Q3 2022).
- Net profit: MYR 20.5 million (down 23% from Q3 2022).
- Margin: 7.3% (down from 8.5% in Q3 2022). The decrease in margin is due to the decrease in revenue.
- EPS: RM0.047 (down from RM0.062 in Q3 2022).
All numbers shown in the chart above are for the last 12 months (TTM) period.
Magni-Tech Industries Berhad Earnings Insights
Sales are projected to grow at an average annual rate of 7.5% over the next three years, compared to a 13% growth forecast for the Asian luxury industry.
market performance Malaysia.
The company’s stock is up 1.1% from a week ago.
Before putting it together, I found One Warning Sign at Magni-Tech Industries Berhad What you should know.
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