Orgabio Holdings Berhad First Quarter 2023 Earnings: RM0.003 loss per share (vs RM0.026 profit in 1Q 2022)

Orgabio Holdings Berhad (KLSE:ORGABIO) First Quarter 2023 Results

Key Financial Results

• Revenue: RM14.5m (down 17% from 1Q 2022).

• Net loss: RM777.0k (down by 157% from RM1.35m profit in 1Q 2022).

• RM0.003 loss per share (down from RM0.026 profit in 1Q 2022).

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

Orgabio Holdings Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.0% decline forecast for the Food industry in Malaysia.

Performance of the Malaysian Food industry.

The company's shares are down 9.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Orgabio Holdings Berhad (1 is a bit concerning!) that we have uncovered.

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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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