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Ho Wah Genting Berhad Full Year 2023 Earnings: EPS: RM0.007 (vs RM0.01 loss in FY 2022)

Ho Wah Genting Berhad (KLSE:HWGB) Full Year 2023 Results

Key Financial Results

  • Revenue: RM255.2m (down 39% from FY 2022).

  • Net income: RM1.19m (up from RM1.70m loss in FY 2022).

  • Profit margin: 0.5% (up from net loss in FY 2022). The move to profitability was driven by lower expenses.

  • EPS: RM0.007 (up from RM0.01 loss 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

Ho Wah Genting Berhad shares are down 2.3% from a week ago.

Risk Analysis

Be aware that Ho Wah Genting Berhad is showing 2 warning signs in our investment analysis and 1 of those is a bit unpleasant...

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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.