Earnings Alerts

Capital A (CAPITALA) Earnings: 2Q Net Income Drops 79% to 239.7M Ringgit Y/Y

  • Net Income: Capital A reported a net income of 239.7 million ringgit for Q2 2024, down 79% from 1.12 billion ringgit year-over-year.
  • Revenue: Revenue for Q2 2024 was 6.86 billion ringgit, which is more than double the 3.15 billion ringgit from the same period last year.
  • Earnings Per Share (EPS): The EPS for Q2 2024 stands at 6.220 sen.
  • Analyst Ratings: There are 6 buy ratings, 2 hold ratings, and 3 sell ratings for Capital A.
  • Performance Comparison: The provided comparisons to past results are based on values reported in the company’s original disclosures.

A look at Capital A Smart Scores

FactorScoreMagnitude
Value0
Dividend1
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Capital A Berhad, a company in the airline industry, shows a promising long-term outlook according to the Smartkarma Smart Scores analysis. With high scores in Growth, Resilience, and Momentum, Capital A demonstrates strong potential for future expansion and success. The Growth score reflects the company’s ability to increase its revenue and market share over time, while the Resilience score highlights its capacity to withstand market challenges effectively. Additionally, the Momentum score indicates sustained positive performance trends that could drive continued growth for Capital A.

Capital A Berhad, specializing in airline operating services, is positioned favorably for long-term success based on the Smartkarma Smart Scores assessment. While the company currently receives a low score in the Value category and a moderate score in Dividend yield, its high ratings in Growth, Resilience, and Momentum underscore its potential for robust performance in the future. As a provider of scheduled flights, air transportation, air cargo services, and aircraft leasing, Capital A demonstrates a diverse business model that aligns well with the projected positive outlook outlined in the Smart Scores analysis.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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