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Barakah Offshore Petroleum Berhad Second Quarter 2024 Earnings: RM0.009 loss per share (vs RM0.001 profit in 2Q 2023)

editorial-team@simplywallst.com (Simply Wall St)
·1-min read

Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Second Quarter 2024 Results

Key Financial Results

  • Revenue: RM28.5m (down 30% from 2Q 2023).

  • Net loss: RM9.17m (down from RM585.0k profit in 2Q 2023).

  • RM0.009 loss per share (down from RM0.001 profit in 2Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

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

Barakah Offshore Petroleum Berhad shares are down 13% from a week ago.

Risk Analysis

Be aware that Barakah Offshore Petroleum Berhad is showing 3 warning signs in our investment analysis that you should know about...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.