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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.
risk analysis
Before putting it together, I found One Warning Sign at Magni-Tech Industries Berhad What you should know.
Valuation is complicated, but we’re here to help make it simple.
Check out our comprehensive analysis, including the following, to see if Magni-Tech Industries Berhad is potentially overrated or underrated. Fair value estimates, risks and warnings, dividends, insider trading and financial health.
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This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price sensitive company announcements or qualitative materials. Is not …
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