RM0.31 (vs RM0.14 in FY 2022)

APM Automotive Holdings Berhad (KLSE:APM) Full Year 2023 Results

Key Financial Results

• Revenue: RM1.93b (up 11% from FY 2022).

• Net income: RM60.4m (up 129% from FY 2022).

• Profit margin: 3.1% (up from 1.5% in FY 2022). The increase in margin was driven by higher revenue.

• EPS: RM0.31 (up from RM0.14 in FY 2022).

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

APM Automotive Holdings Berhad shares are up 6.3% from a week ago.

Risk…