ITMAX System Berhad (KLSE:ITMAX) First Quarter 2023 Results

Key Financial Results

• Revenue: RM34.7m (up 70% from 1Q 2022).

• Net income: RM15.2m (up 97% from 1Q 2022).

• Profit margin: 44% (up from 38% in 1Q 2022). The increase in margin was driven by higher revenue.

• EPS: RM0.015.

All figures shown in the chart above are for the trailing 12 month (TTM) period

ITMAX System Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Malaysia.

Performance of the Malaysian Electronic industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with ITMAX System Berhad.

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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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