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Meta Bright Group Berhad Reports First Quarter 2023 Earnings

Meta Bright Group Berhad (KLSE:MBRIGHT) First Quarter 2023 Results

Key Financial Results

  • Revenue: RM8.67m (up 68% from 1Q 2022).

  • Net income: RM1.08m (up from RM84.8m loss in 1Q 2022).

  • Profit margin: 12% (up from net loss in 1Q 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Meta Bright Group Berhad shares are up 12% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for Meta Bright Group Berhad (2 are potentially serious!) that you need to take into consideration.

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.

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