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

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.

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.

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