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Magna Prima Berhad Full Year 2023 Earnings: RM0.32 loss per share (vs RM0.12 profit in FY 2022)

Magna Prima Berhad (KLSE:MAGNA) Full Year 2023 Results

Key Financial Results

  • Revenue: RM46.0m (down 46% from FY 2022).

  • Net loss: RM127.4m (down by 373% from RM46.6m profit in FY 2022).

  • RM0.32 loss per share (down from RM0.12 profit in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

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

Magna Prima Berhad shares are down 3.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Magna Prima Berhad (1 is potentially serious!) that we have uncovered.

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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.