Karex Berhad (KLSE:KAREX) First Quarter 2023 Results
Key Financial Results
Revenue: RM145.0m (up 51% from 1Q 2022).
Net income: RM2.29m (up 198% from 1Q 2022).
Profit margin: 1.6% (up from 0.8% in 1Q 2022). The increase in margin was driven by higher revenue.
EPS: RM0.002 (up from RM0.001 in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Karex Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Personal Products industry in Asia.
The company's shares are up 3.7% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Karex Berhad's balance sheet health.
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