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Minox International Group Berhad Reports Q1 2024 Earnings

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Minox Berhad International Group (KLSE:MINOX) Results for the first quarter of 2024

Main financial results

  • Revenue: RM8.32 million (down 36% from 1Q 2023).

  • Net profit: RM15.0mil (down 99% from 1Q 2023).

  • Profit margin: 0.2% (compared to 15% in 1Q 2023). The drop in margin was driven by lower revenue.

earnings and income history

All numbers shown in the chart above are for the period of the last 12 months (TTM)

Shares in Minox International Group Berhad are down 5.7% from the previous week.

Risk analysis

Don’t forget that there may still be risks. For example, we identified 3 Warning Signs for Minox International Group Berhad that you should be aware of.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only 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 into account your objectives or your financial situation. Our goal is to bring you long-term focused analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St has no position in any of the stocks mentioned.

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