Earnings Alerts

IOI Corp Bhd (IOI) Earnings Surge in 4Q with Net Income Reaching 346.9M Ringgit

  • IOI Corporation reported a net income of 346.9 million ringgit in the fourth quarter of 2024.
  • This marks a significant increase from the 37.2 million ringgit net income recorded in the same quarter last year.
  • Revenue for the quarter reached 2.54 billion ringgit, reflecting a 30% year-over-year increase.
  • Earnings per share (EPS) surged to 5.590 sen, up from 0.600 sen a year ago.
  • Analyst recommendations include 8 buys, 8 holds, and 2 sells.
  • All comparisons to past results are based on the company’s original disclosures.

A look at IOI Corp Bhd Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE2.8

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

IOI Corp Bhd, a company engaged in oil palm and rubber cultivation and processing, as well as property development and investment, has received a mix of Smart Scores. With moderate ratings in Value, Dividend, Growth, Resilience, and Momentum, the company’s long-term outlook appears stable. Although not scoring the highest in any particular category, the overall balance suggests a steady performance across various factors.

Known for its diverse business activities including landscape services, ornamental plant sales, and manufacturing of industrial gases, IOI Corp Bhd seems positioned to weather different market conditions. While not excelling in any single area, the company’s average scores across Value, Dividend, Growth, Resilience, and Momentum indicate a well-rounded approach to business operations, potentially offering investors a reliable and consistent performance over the long term.


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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