Mitrajaya Holdings Berhad Full Year 2024 Earnings: Profit Increases as Revenue Grows
Mitrajaya Holdings Berhad's full-year 2024 earnings have shown a significant increase, with the company reporting revenue of RM378.9m and net income of RM21.9m, representing growth of 28% and 55%, respectively, from the previous year. The profit margin has also seen an uptick to 5.8%, driven by higher revenue. Additionally, the earnings per share (EPS) has risen to RM0.029, indicating a healthy financial performance.
- The company's ability to increase revenue and profit margin suggests that its business model is gaining traction, but it remains to be seen how this growth will translate to long-term sustainability.
- What specific strategies or investments does Mitrajaya Holdings Berhad plan to make in the coming year to continue driving growth and profitability?