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Yinson Holdings Berhad Full Year 2024 Earnings: Beats Expectations

Yinson Holdings Berhad (KLSE:YINSON) Full Year 2024 Results

Key Financial Results

  • Revenue: RM11.6b (up 84% from FY 2023).

  • Net income: RM828.0m (up 83% from FY 2023).

  • Profit margin: 7.1% (in line with FY 2023).

  • EPS: RM0.28 (up from RM0.17 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

Yinson Holdings Berhad Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 38%. Earnings per share (EPS) also surpassed analyst estimates by 21%.

Looking ahead, revenue is expected to fall by 46% p.a. on average during the next 2 years compared to a 5.0% decline forecast for the Energy Services industry in Malaysia.

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Performance of the Malaysian Energy Services industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

Be aware that Yinson Holdings Berhad is showing 2 warning signs in our investment analysis that you should know about...

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.