Sime Darby Property Berhad (KLSE:SIMEPROP) Second Quarter 2024 Results Key Financial Results Revenue: RM1.20b (up 75% from 2Q 2023). Net income: RM162.0m (up 128% from 2Q 2023). Profit margin: 14% (up from 10% in 2Q 2023). The increase in margin was driven by higher revenue. EPS: RM0.024 (up from RM0.01 in 2Q 2023). earnings-and-revenue-growth All
It hasn’t been the best quarter for Bellevue Gold Limited (ASX:BGL) shareholders, since the share price has fallen 27% in that time. But that doesn’t change the fact that the returns over the last five years have been very strong. In fact, the share price is 124% higher today. Generally speaking the long term returns
We can readily understand why investors are attracted to unprofitable companies. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you’d have done very well indeed. But while the successes are well known, investors should not ignore the very many unprofitable companies that
New-age stocks have made a strong comeback of late driven by robust revenue growth and improved profitability through reduced spending. Increased allocations by overseas funds and strong demand for recent public issues have further fuelled the rally. Analysts believe these stocks could continue to perform well so long as they sustain their growth momentum. The
Wheaton Precious Metals (TSE:WPM) Second Quarter 2024 Results Key Financial Results Revenue: US$299.1m (up 13% from 2Q 2023). Net income: US$122.3m (down 14% from 2Q 2023). Profit margin: 41% (down from 53% in 2Q 2023). The decrease in margin was driven by higher expenses. EPS: US$0.27 (down from US$0.31 in 2Q 2023). earnings-and-revenue-growth All figures