Kumpulan Perangsang Selangor Berhad Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

Kumpulan Perangsang Selangor Berhad (KLSE:KPS) Full Year 2023 Results

Key Financial Results

  • Revenue: RM1.05b (down 23% from FY 2022).

  • Net loss: RM9.33m (down by 113% from RM73.2m profit in FY 2022).

  • RM0.003 loss per share (down from RM0.14 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

Kumpulan Perangsang Selangor Berhad EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Trade Distributors industry in Malaysia.

Performance of the Malaysian Trade Distributors industry.

The company's shares are down 8.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Kumpulan Perangsang Selangor Berhad has 2 warning signs we think 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.