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Revenue: RM19.9m (up 5.3% from 1Q 2023).
Net income: RM2.73m (down 21% from 1Q 2023).
Profit margin: 14% (down from 18% in 1Q 2023).
EPS: RM0.005 (down from RM0.006 in 1Q 2023).
earnings-and-revenue-growth
All figures shown in the chart above are for the trailing 12 month (TTM) period
Al-Salam Real Estate Investment Trust Earnings Insights
Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the REITs industry in Malaysia.
Performance of the Malaysian REITs industry.
The company’s shares are up 2.4% from a week ago.
Risk Analysis
We don’t want to rain on the parade too much, but we did also find 5 warning signs for Al-Salam Real Estate Investment Trust (1 is a bit concerning!) 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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This article was originally published by a finance.yahoo.com . Read the Original article here. .