Earnings Alerts

Misc Bhd (MISC) Earnings Surge: 2Q Net Income Hits 540.9M Ringgit

  • MISC Berhad reported a net income of 540.9 million ringgit for the second quarter of 2024.
  • The company’s revenue for the quarter was 3.33 billion ringgit.
  • Earnings per share (EPS) stood at 12.1 sen.
  • Analyst ratings for MISC Bhd include 9 buys, 6 holds, and 0 sells.

A look at Misc Bhd Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.8

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

Based on the Smartkarma Smart Scores, Misc Bhd is positioned favorably for long-term growth and stability. With strong scores in Value, Dividend, Growth, and Momentum, the company showcases robust fundamentals and potential for future success. The company’s operations in shipping and related services, as well as its diversified subsidiaries offering various logistics solutions, contribute to its positive outlook as indicated by the Smart Scores.

Although the Resilience score is slightly lower at 3, Misc Bhd‘s overall outlook remains promising. As a prominent player in the shipping industry with a wide range of services including trucking, warehousing, and container haulage, the company is well-positioned to capitalize on growth opportunities and deliver value to investors in the long run.

### Summary: MISC Berhad owns ships and operates shipping and related services. Through its subsidiaries, the Company provides trucking, warehousing and forwarding service, containers and prime movers repair, and container haulage. MISC Berhad also has operation in trucking and launch operator. ###


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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