Earnings Alerts

Kuala Lumpur Kepong (KLK) Earnings: 2Q Net Income Drops to 117.1M Ringgit, A Significant Decrease from Last Year’s 190.8M – Analyst Insights

• KLK sees a significant decrease in net income, coming in at 117.1 million Ringgit compared to 190.8 million Ringgit from the previous year, a 39% year-on-year drop.

• Revenue also experiences a notable dip, from last year’s numbers, falling by 9.8% YOY to 5.46 billion Ringgit.

• The earnings per share (EPS) recorded a dip, equalling 10.8 sen compared to 17.7 sen from the previous year.

• In terms of stock recommendations, there are 8 buys, 8 holds, and 3 sells.

• All comparisons to past performance are based on values presented by the company’s original disclosures.


A look at Kuala Lumpur Kepong Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum4
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

Analysts at Smartkarma give Kuala Lumpur Kepong a positive long-term outlook based on their Smart Scores. The company scores well in momentum, indicating strong upward performance potential in the future. This could result in favorable returns for investors over the long run. While the company’s value, dividend, and growth scores are average, a higher momentum score could drive its overall performance in the future.

Kuala Lumpur Kepong Berhad is involved in the production of palm products, natural rubber, and cocoa. The company also engages in various other activities such as milling and refining oil palm products, manufacturing oleochemicals, and operating holiday bungalows. With a solid momentum score of 4, analysts see promising prospects for Kuala Lumpur Kepong‘s future growth and resilience in the market.


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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