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Coraza Integrated Technology Berhad Full Year 2023 Earnings: RM0.006 loss per share (vs RM0.034 profit in FY 2022)

Coraza Integrated Technology Berhad (KLSE:CORAZA) Full Year 2023 Results

Key Financial Results

  • Revenue: RM80.7m (down 44% from FY 2022).

  • Net loss: RM2.67m (down by 118% from RM14.7m profit in FY 2022).

  • RM0.006 loss per share (down from RM0.034 profit in FY 2022).

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

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

Coraza Integrated Technology Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Metals and Mining industry in Malaysia.

Performance of the Malaysian Metals and Mining industry.

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The company's shares are down 13% from a week ago.

Risk Analysis

Be aware that Coraza Integrated Technology 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.