Beng Kuang Marine Full Year 2023 Earnings: EPS: S$0.017 (vs S$0.026 loss in FY 2022)

Beng Kuang Marine (SGX:BEZ) Full Year 2023 Results

Key Financial Results

• Revenue: S$79.2m (up 34% from FY 2022).

• Net income: S$3.42m (up from S$5.19m loss in FY 2022).

• Profit margin: 4.3% (up from net loss in FY 2022).

• EPS: S$0.017 (up from S$0.026 loss in FY 2022).

revenue-and-expenses-breakdown

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

The primary driver behind last 12 months revenue was the Infrastructure & Engineering (IE) segment contributing a total revenue of S$57.4m (73% of total revenue). Notably, cost of sales worth S$54.3m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$16.0m (75% of total expenses). Explore how BEZ's revenue and expenses shape its earnings.

Beng Kuang Marine shares are up 48% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Beng Kuang Marine that we have uncovered.

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