Kimlun Corporation Berhad (KLSE:KIMLUN) Full Year 2023 Results
Key Financial Results
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Revenue: RM852.6m (up 13% from FY 2022).
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Net income: RM7.06m (up from RM7.23m loss in FY 2022).
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Profit margin: 0.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
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EPS: RM0.02 (up from RM0.02 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kimlun Corporation Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in Malaysia.
Performance of the Malaysian Construction industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Kimlun Corporation Berhad (at least 1 which is significant), and understanding them should be part of your investment process.
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