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Beshom Holdings Berhad Full Year 2024 Earnings: Misses Expectations

Beshom Holdings Berhad (KLSE:BESHOM) Full Year 2024 Results

Key Financial Results

  • Revenue: RM150.8m (down 14% from FY 2023).

  • Net income: RM10.9m (down 33% from FY 2023).

  • Profit margin: 7.2% (down from 9.3% in FY 2023). The decrease in margin was driven by lower revenue.

  • EPS: RM0.036 (down from RM0.054 in FY 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Beshom Holdings Berhad Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 3.7%.

Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Retailing industry in Malaysia.

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Performance of the Malaysian Consumer Retailing industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Beshom Holdings Berhad you should be aware of.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com