SD Guthrie Berhad Full Year 2024 Earnings: Beats Expectations
Revenue: RM19.8b (up 7.6% from FY 2023).
Net income: RM2.16b (up 16% from FY 2023).
Profit margin: 11% (in line with FY 2023).
EPS: RM0.31 (up from RM0.27 in FY 2023).
Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 46%.
The primary driver behind last 12 months revenue was the Downstream segment contributing a total revenue of RM18.0b (91% of total revenue). Notably, cost of sales worth RM17.3b amounted to 87% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling RM473.9m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how SDG's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Food industry in Malaysia.
Performance of the Malaysian Food industry.
The company's shares are up 2.2% from a week ago.
It is worth noting though that we have found 3 warning signs for SD Guthrie Berhad (1 shouldn't be ignored!) 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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