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Malaysian Resources Corporation Berhad Full Year 2023 Earnings: EPS: RM0.023 (vs RM0.015 in FY 2022)

Malaysian Resources Corporation Berhad (KLSE:MRCB) Full Year 2023 Results

Key Financial Results

  • Revenue: RM2.51b (down 22% from FY 2022).

  • Net income: RM101.0m (up 56% from FY 2022).

  • Profit margin: 4.0% (up from 2.0% in FY 2022). The increase in margin was driven by lower expenses.

  • EPS: RM0.023 (up from RM0.015 in FY 2022).

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

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

Malaysian Resources Corporation Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Construction industry in Malaysia.

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Performance of the Malaysian Construction industry.

The company's shares are down 3.3% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Malaysian Resources Corporation Berhad that 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.