Ramssol Group Berhad Third Quarter 2022 Earnings: EPS: RM0.007 (vs RM0.003 loss in 3Q 2021)
Ramssol Group Berhad (KLSE:RAMSSOL) Third Quarter 2022 Results
Key Financial Results
Revenue: RM6.90m (down 61% from 3Q 2021).
Net income: RM1.36m (up from RM744.0k loss in 3Q 2021).
Profit margin: 20% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses.
EPS: RM0.007 (up from RM0.003 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ramssol Group Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Professional Services industry in Asia.
Performance of the market in Malaysia.
The company's shares are down 1.3% from a week ago.
Be aware that Ramssol Group Berhad is showing 4 warning signs in our investment analysis and 1 of those is concerning...
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