Latest news with #RM21.9m
Malaysian Reserve
2 days ago
- Automotive
- Malaysian Reserve
Bermaz Auto downgraded to Hold, target price lowered to 93 sen
Bermaz Auto Bhd 4QFY25 core net profit of RM21.9m down (-12.5% quarter-on-quarter, 55.6% year-on-year) came in below expectations, with FY25 core net profit accounted for 61% of our full-year forecasts and 93% of consensus estimates. The earnings miss mainly due to weaker-than-expected vehicle sales across key completely knocked down (CKD) models. The group declared a fourth interim dividend of 1.5 sen (4QFY24: 11.75 sen), bringing FY25 dividend per share to 16.75 sen (FY24: 26.0 sen). We have trimmed our FY26F and FY27F earnings by 47% and 45% respectively to account for the stiffer competition in the non-national segment and weaker forecasted sales across key CKD models. We downgrade Bermaz Auto to Hold (from Buy) with a lower target price of 93 sen (from RM1.40) pegged to 7.3x price-to-earnings multiple on FY27F earnings per share of 12.78 sen. – APEX Securities (June 13, 2025) (Calls by analysts tracked by Bloomberg: 4 Buy, 10 Hold, 2 Sell; Consensus target price: RM1.10)
Yahoo
02-03-2025
- Business
- Yahoo
Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)
Revenue: RM383.2m (down 15% from FY 2023). Net loss: RM21.9m (loss narrowed by 36% from FY 2023). RM3.82 loss per share. All figures shown in the chart above are for the trailing 12 month (TTM) period Advancecon Holdings Berhad shares are down 4.1% from a week ago. What about risks? Every company has them, and we've spotted 3 warning signs for Advancecon Holdings Berhad (of which 2 shouldn't be ignored!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
Yahoo
02-03-2025
- Business
- Yahoo
Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)
Revenue: RM383.2m (down 15% from FY 2023). Net loss: RM21.9m (loss narrowed by 36% from FY 2023). RM3.82 loss per share. All figures shown in the chart above are for the trailing 12 month (TTM) period Advancecon Holdings Berhad shares are down 4.1% from a week ago. What about risks? Every company has them, and we've spotted 3 warning signs for Advancecon Holdings Berhad (of which 2 shouldn't be ignored!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
