- Petronas Chemicals reported a loss per share of 10 sen for the third quarter.
- Analysts had estimated an earnings per share (EPS) of 6 sen for the same period.
- The company experienced a net loss of 789.0 million ringgit.
- Petronas Chemicals’ revenue stood at 7.99 billion ringgit for the quarter.
- Analyst recommendations include 4 buy ratings, 7 hold ratings, and 8 sell ratings.
A look at Petronas Chemicals Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
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 have provided Petronas Chemicals Group Bhd. with a positive long-term outlook based on their Smart Scores assessment. The company scored well in Value, Dividend, Resilience, and to a slightly lesser extent in Growth. This indicates that Petronas Chemicals Group is considered a strong investment opportunity in terms of its value, dividend payouts, stability, and overall performance.
Despite a lower score in Momentum, which suggests a potential slow start in terms of short-term price movements, the company’s solid foundation in key areas bodes well for its future prospects. Petronas Chemicals Group Bhd. is positioned as a leading chemical company with a diverse portfolio of petrochemical products, including olefins, polymers, fertilisers, methanol, and other basic chemicals and derivatives, positioning it favorably for sustainable growth and returns for long-term investors.
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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