Yahoo Finance Dagang NeXchange Berhad Full Year 2023 Earnings: Misses Expectations
Dagang NeXchange Berhad (KLSE:DNEX) Full Year 2023 Results
Key Financial Results
Revenue: RM1.28b (down 20% from FY 2022).
Net loss: RM80.0m (down by 128% from RM285.8m profit in FY 2022).
RM0.025 loss per share (down from RM0.091 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Dagang NeXchange Berhad Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Malaysia.
Performance of the Malaysian Semiconductor industry.
The company's shares are down 4.2% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Dagang NeXchange Berhad's balance sheet health.
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