JAKS Resources Berhad (KLSE:JAKS) Third Quarter 2022 Results
Key Financial Results
Revenue: RM16.4m (down 46% from 3Q 2021).
Net income: RM20.3m (down 36% from 3Q 2021).
EPS: RM0.01 (down from RM0.017 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
JAKS Resources Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in Malaysia.
The company's shares are up 3.8% from a week ago.
You should always think about risks. Case in point, we've spotted 2 warning signs for JAKS Resources Berhad you should be aware of.
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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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