Ta Ann Holdings Berhad Third Quarter 2022 Earnings: EPS: RM0.23 (vs RM0.23 in 3Q 2021)

Ta Ann Holdings Berhad (KLSE:TAANN) Third Quarter 2022 Results

Key Financial Results

  • Revenue: RM594.9m (up 22% from 3Q 2021).

  • Net income: RM101.5m (down 1.7% from 3Q 2021).

  • Profit margin: 17% (down from 21% in 3Q 2021). The decrease in margin was driven by higher expenses.

  • EPS: RM0.23 (down from RM0.23 in 3Q 2021).


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

Ta Ann Holdings Berhad Earnings Insights

Looking ahead, revenue is expected to fall by 15% p.a. on average during the next 3 years compared to a 8.9% decline forecast for the Forestry industry in Malaysia.

Performance of the Malaysian Forestry industry.

The company's shares are up 5.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Ta Ann Holdings Berhad (1 can't be ignored!) that you need to be mindful of.

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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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