Deleum Berhad Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line
Revenue: RM907.5m (up 15% from FY 2023).
Net income: RM74.2m (up 62% from FY 2023).
Profit margin: 8.2% (up from 5.8% in FY 2023). The increase in margin was driven by higher revenue.
EPS: RM0.18 (up from RM0.11 in FY 2023).
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All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 2.6% decline forecast for the Energy Services industry in Malaysia.
Performance of the Malaysian Energy Services industry.
The company's shares are up 2.1% from a week ago.
We don't want to rain on the parade too much, but we did also find 2 warning signs for Deleum Berhad (1 shouldn't be ignored!) that you need to be mindful 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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