Scientex Packaging (Ayer Keroh) Berhad recently released its Full Year 2024 financial results, showing a decline in key financial metrics compared to the previous year. The company reported a revenue of RM713.5 million, which is a 7.9% decrease from FY 2023. Net income also saw a decrease of 9.4% to RM32.6 million, with a profit margin of 4.6%, consistent with the previous year. The earnings per share (EPS) for 2024 was recorded at RM0.093, down from RM0.10 in FY 2023.
Despite these numbers, Scientex Packaging (Ayer Keroh) Berhad shares only saw a 1.0% decrease from the previous week. It is important to note that there are 2 warning signs for the company that investors should be aware of before making any decisions.
It is crucial to consider all aspects of the company’s performance and conduct a thorough risk analysis before making any investment decisions. If you have any feedback or concerns about the content of this article, feel free to reach out to us directly or via email.
It is important to remember that the information provided in this article is based on historical data and analyst forecasts, and should not be taken as financial advice. Our analysis is unbiased and aims to provide long-term focused insights driven by fundamental data. However, it may not always reflect the most current company announcements or qualitative information. Simply Wall St does not hold any positions in the stocks mentioned.