AFFIN Bank Berhad (KLSE:AFFIN) Third Quarter 2022 Results
Key Financial Results
Revenue: RM300.9m (down 28% from 3Q 2021).
Net loss: RM197.8m (down by 286% from RM106.6m profit in 3Q 2021).
RM0.092 loss per share (down from RM0.051 profit in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AFFIN Bank Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Malaysia.
The company's shares are up 3.8% from a week ago.
You should learn about the 3 warning signs we've spotted with AFFIN Bank Berhad (including 1 which is potentially serious).
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here