Yinson Holdings Berhad Full Year 2023 Earnings: Beats Expectations

·1 min read

Yinson Holdings Berhad (KLSE:YINSON) Full Year 2023 Results

Key Financial Results

  • Revenue: RM6.32b (up 75% from FY 2022).

  • Net income: RM586.0m (up 46% from FY 2022).

  • Profit margin: 9.3% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses.

  • EPS: RM0.17.


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

Yinson Holdings Berhad Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 36%. Earnings per share (EPS) also surpassed analyst estimates by 32%.

Looking ahead, revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Malaysia are expected to grow by 4.6%.

Performance of the Malaysian Energy Services industry.

The company's shares are down 2.5% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Yinson Holdings Berhad (2 are a bit concerning!) that you should be aware 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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