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Ramssol Group Berhad Third Quarter 2022 Earnings: EPS: RM0.007 (vs RM0.003 loss in 3Q 2021)

Ramssol Group Berhad (KLSE:RAMSSOL) Third Quarter 2022 Results

Key Financial Results

  • Revenue: RM6.90m (down 61% from 3Q 2021).

  • Net income: RM1.36m (up from RM744.0k loss in 3Q 2021).

  • Profit margin: 20% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses.

  • EPS: RM0.007 (up from RM0.003 loss in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Ramssol Group Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Professional Services industry in Asia.

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Performance of the market in Malaysia.

The company's shares are down 1.3% from a week ago.

Risk Analysis

Be aware that Ramssol Group Berhad is showing 4 warning signs in our investment analysis and 1 of those is concerning...

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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