Bintulu Port Holdings Berhad First Quarter 2024 Earnings: EPS: RM0.097 (vs RM0.049 in 1Q 2023)
05 Jun 2024
Bintulu Port Holdings Berhad (KLSE:BIPORT) First Quarter 2024 Results
Key Financial Results
- Revenue: RM214.6m (up 14% from 1Q 2023).
- Net income: RM44.7m (up 99% from 1Q 2023).
- Profit margin: 21% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue.
- EPS: RM0.097 (up from RM0.049 in 1Q 2023).
Bintulu Port Holdings Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Infrastructure industry in Asia.
The company's shares are down 2.3% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Bintulu Port Holdings Berhad that you need to take into consideration.