RM0.001 (compared to RM0.009 in 3Q 2023)

ES Ceramics Technology Berhad: A Cautionary Tale for Investors?

ES Ceramics Technology Berhad (KLSE:ESCERAM) has reported its third quarter 2024 financial results, with revenue increasing to RM87.7 million, up 7.5% from the same quarter in 2023. However, the net income decreased significantly to RM773.5k, down 84% from the previous year. The profit margin also declined to 0.9% from 5.9% in 3Q 2023, primarily due to higher expenses. Earnings per share (EPS) decreased to RM0.001 from RM0.009 in the third quarter of 2023.

Despite a relatively stable share price over the past week, it is crucial for investors to be aware of three warning signs associated with ES Ceramics Technology Berhad when making investment decisions. These warning signs should be taken into consideration before making any investment decisions.

Investors should be cautious about investing in this company as there are several risks associated with it.

To provide unbiased analysis, this article by Simply Wall St is based on historical data and analyst forecasts.

It is important to note that this analysis does not offer financial advice and should not be used as such when making investment decisions.

The focus on long-term trends and fundamental data may not reflect the most recent company announcements or qualitative factors.

Simply Wall St does not have any positions in the stocks mentioned.

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