Yahoo Finance Bumi Armada Berhad First Quarter 2024 Earnings: EPS: RM0.041 (vs RM0.034 in 1Q 2023)
Bumi Armada Berhad (KLSE:ARMADA) First Quarter 2024 Results
Key Financial Results
Revenue: RM635.5m (up 17% from 1Q 2023).
Net income: RM240.5m (up 20% from 1Q 2023).
Profit margin: 38% (in line with 1Q 2023).
EPS: RM0.041 (up from RM0.034 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bumi Armada Berhad Earnings Insights
Looking ahead, revenue is expected to fall by 9.5% p.a. on average during the next 3 years compared to a 4.9% decline forecast for the Energy Services industry in Malaysia.
Performance of the Malaysian Energy Services industry.
The company's shares are up 1.8% from a week ago.
Valuation
Bumi Armada Berhad's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.
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