Ideal Capital Berhad Reports Third Quarter 2022 Earnings

Ideal Capital Berhad (KLSE:IDEAL) Third Quarter 2022 Results

Key Financial Results

  • Revenue: RM99.3m (up 2.3% from 3Q 2021).

  • Net income: RM5.78m (down 69% from 3Q 2021).

  • Profit margin: 5.8% (down from 19% in 3Q 2021). The decrease in margin was driven by higher expenses.

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ideal Capital Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Ideal Capital Berhad that you should be aware of.

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