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Ocean Vantage Holdings Berhad Third Quarter 2022 Earnings: EPS: RM0.005 (vs RM0.009 in 3Q 2021)

Ocean Vantage Holdings Berhad (KLSE:OVH) Third Quarter 2022 Results

Key Financial Results

  • Revenue: RM45.3m (up 57% from 3Q 2021).

  • Net income: RM2.10m (down 46% from 3Q 2021).

  • Profit margin: 4.6% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses.

  • EPS: RM0.005 (down from RM0.009 in 3Q 2021).

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

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

Ocean Vantage Holdings Berhad shares are up 17% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Ocean Vantage Holdings Berhad that you should be aware of.

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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