RM0.01 (vs. RM0.011 in 2Q2023)

SLP Resources Berhad (KLSE:SLP) Q2 2024 Results

Key Financial Results

• Revenue: RM41.8 million (up 11% compared to Q2 2023).

• Net income: RM3.24 million (down 7.2% compared to Q2 2023).

• Profit margin: 7.7% (down from 9.3% in Q2 2023). The margin decline was due to higher costs.

• EPS: RM0.01 (down from RM0.011 in Q2 2023).

All numbers shown in the chart above are for the last 12 months (TTM)

SLP Resources Berhad Earnings Insight

Revenues are forecast to grow at an average annual rate of 6.6% over the next three years, while the packaging industry in Asia is forecast to grow by 14%.

Market performance in Malaysia.

The company’s shares fell 4.3% from the previous week.

Risk analysis

What about risk? Every company has it and we have noticed 2 warning signs for SLP Resources Berhad (one of which we don’t quite like!) you should know about it.

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