• Sun. May 5th, 2024

RM0.001 (compared to RM0.009 in 3Q 2023)

BySamantha Nguyen

Apr 23, 2024
RM0.001 (compared to RM0.009 in 3Q 2023)

ES Ceramics Technology Berhad (KLSE:ESCERAM) reported its third quarter 2024 financial results, showing an increase in revenue to RM87.7 million, up 7.5% from the same quarter in 2023. However, the net income decreased significantly to RM773.5k, down 84% from the previous year. The profit margin also declined to 0.9% from 5.9% in 3Q 2023, primarily due to higher expenses. Earnings per share (EPS) decreased to RM0.001 from RM0.009 in the third quarter of 2023.

ES Ceramics Technology Berhad’s share price has remained relatively stable over the past week. Despite this, it is important to consider the risks associated with investing in the company. Three warning signs have been identified for ES Ceramics Technology Berhad that investors should take into account when making investment decisions.

Feedback on the content of this article is welcomed. If you have any concerns about the information provided, please contact us directly or email editorial-team@simplywallst.com. This article by Simply Wall St is based on historical data and analyst forecasts, offering unbiased analysis. It is not intended to be financial advice, and does not recommend buying or selling any stock without considering your financial objectives and situation. The analysis focuses on long-term trends and fundamental data, and may not reflect the most recent company announcements or qualitative factors. Simply Wall St does not have any positions in the stocks mentioned.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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