Leong Hup International Berhad Third Quarter 2022 Earnings: EPS: RM0.018 (vs RM0.015 loss in 3Q 2021)

Leong Hup International Berhad (KLSE:LHI) Third Quarter 2022 Results

Key Financial Results

  • Revenue: RM2.43b (up 34% from 3Q 2021).

  • Net income: RM67.3m (up from RM53.4m loss in 3Q 2021).

  • Profit margin: 2.8% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue.

  • EPS: RM0.018 (up from RM0.015 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

Leong Hup International Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Food industry in Malaysia.

Performance of the Malaysian Food industry.

The company's shares are up 11% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Leong Hup International Berhad that you should be aware of before investing here.

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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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