Dagang NeXchange Berhad (KLSE:DNEX) 2023 Full Year Results
Main financial results
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Revenue: 1.28 billion ringgit (down 20% from FY2022).
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Net loss: RM80 million (down 128% from FY22 profit of RM285.8 million).
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Loss of RM0.025 per share (down from FY22 profit of RM0.091).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Dagang NeXchange Berhad's sales and profits fall below expectations
Sales were 6.5% lower than analysts expected. Earnings per share (EPS) were also lower than analysts expected.
Looking ahead, sales are expected to increase by an average of 17% per year over the next two years, compared to a growth forecast of 15% for Malaysia's semiconductor industry.
performance of Malaysian semiconductor industry.
The company's stock price has fallen 4.2% from a week ago.
balance sheet analysis
While revenue is important, another area to consider is the balance sheet.look Our latest analysis on Dagang NeXchange Berhad's balance sheet strength.
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