Nextgreen Global Berhad Third Quarter 2022 Earnings: EPS: RM0.002 (vs RM0.002 in 3Q 2021)

Nextgreen Global Berhad (KLSE:NGGB) Third Quarter 2022 Results

Key Financial Results

• Revenue: RM10.6m (down 40% from 3Q 2021).

• Net income: RM1.12m (down 22% from 3Q 2021).

• Profit margin: 11% (up from 8.2% in 3Q 2021). The increase in margin was driven by lower expenses.

• EPS: RM0.002 (in line with 3Q 2021).

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

Nextgreen Global Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Nextgreen Global Berhad (1 doesn't sit too well with us!) that you need to be mindful of.

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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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