- Sunway Bhd‘s net income for the second quarter of 2024 is 270.5 million ringgit.
- This represents an 80% increase compared to the 149.9 million ringgit net income in the same quarter last year.
- Revenue for the second quarter is reported at 1.58 billion ringgit.
- This shows a 7.6% increase in revenue year-over-year.
- Earnings per share (EPS) for the second quarter stand at 4.110 sen.
- This is an increase from the EPS of 2.540 sen in the second quarter of the previous year.
- Market analysis indicates 7 buy recommendations, 3 hold recommendations, and 1 sell recommendation for Sunway Bhd.
- Comparisons to past results are based on values reported by the company’s original disclosures.
A look at Sunway Bhd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
Sunway Bhd‘s Long-Term Outlook:
Smartkarma’s Smart Scores provide insight into Sunway Bhd‘s future prospects. With a strong score in Growth and Momentum, Sunway Bhd showcases promising signs for long-term success. Growth potential is evident in the company’s property development and construction segments. In addition, its Momentum score indicates positive market sentiment and performance. While Value and Dividend scores are moderate, the overall outlook remains positive due to the strong Growth and Momentum scores.
Summary:
Sunway Bhd is a diversified company with operations in property development, construction, quarrying, building materials trading, manufacturing, hospitality, leisure, and healthcare. The company’s broad portfolio positions it well for future growth and resilience in various sectors.
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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