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IGB Berhad Third Quarter 2022 Earnings: EPS: RM0.053 (vs RM0.066 loss in 3Q 2021)

IGB Berhad (KLSE:IGBB) Third Quarter 2022 Results

Key Financial Results

  • Revenue: RM313.9m (up 56% from 3Q 2021).

  • Net income: RM47.8m (up from RM58.7m loss in 3Q 2021).

  • Profit margin: 15% (up from net loss in 3Q 2021).

  • EPS: RM0.053 (up from RM0.066 loss in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

IGB Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Diversified Financial industry in Asia.

Performance of the market in Malaysia.

The company's shares are up 1.8% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for IGB Berhad (2 make us uncomfortable!) that you need to take into consideration.

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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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