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Ireka Corporation Berhad Second Quarter 2024 Earnings: RM0.14 loss per share (vs RM0.011 profit in 2Q 2023)

Ireka Corporation Berhad (KLSE:IREKA) Second Quarter 2024 Results

Key Financial Results

  • Revenue: RM19.1m (up 120% from 2Q 2023).

  • Net loss: RM29.4m (down from RM2.19m profit in 2Q 2023).

  • RM0.14 loss per share (down from RM0.011 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

Ireka Corporation Berhad shares are down 2.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Ireka Corporation Berhad you should be aware of, and 1 of them is potentially serious.

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.