Dagang NeXchange Berhad (KLSE:DNEX) First Quarter 2023 Results
Key Financial Results
Revenue: RM419.6m (up by RM373.7m from 1Q 2022).
Net income: RM41.7m (down 64% from 1Q 2022).
Profit margin: 9.9%.
EPS: RM0.013 (down from RM0.049 in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Dagang NeXchange Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Malaysia.
The company's shares are up 13% from a week ago.
What about risks? Every company has them, and we've spotted 2 warning signs for Dagang NeXchange Berhad you should know about.
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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.
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