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Toyo Ventures Holdings Berhad Full Year 2023 Earnings: EPS: RM0.008 (vs RM0.007 loss in FY 2022)

Toyo Ventures Holdings Berhad (KLSE:TOYOVEN) Full Year 2023 Results

Key Financial Results

  • Revenue: RM81.5m (down 19% from FY 2022).

  • Net income: RM886.0k (up from RM844.0k loss in FY 2022).

  • Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was driven by lower expenses.

  • EPS: RM0.008 (up from RM0.007 loss in FY 2022).

revenue-and-expenses-breakdown
revenue-and-expenses-breakdown

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

The primary driver behind last 12 months revenue was the Manufacturing segment contributing a total revenue of RM83.5m (102% of total revenue). Notably, cost of sales worth RM62.4m amounted to 77% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM9.58m (52% of total expenses). Explore how TOYOVEN's revenue and expenses shape its earnings.

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Toyo Ventures Holdings Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 6 warning signs with Toyo Ventures Holdings Berhad (at least 2 which make us uncomfortable), and understanding these should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.