PNE Industries (SGX:BDA) Full Year 2023 Results

Key Financial Results

• Revenue: S$53.5m (down 27% from FY 2022).

• Net income: S$753.0k (down 79% from FY 2022).

• Profit margin: 1.4% (down from 4.9% in FY 2022).

• EPS: S$0.009 (down from S$0.043 in FY 2022).

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

The primary driver behind last 12 months revenue was the Contract Manufacturing segment contributing a total revenue of S$46.0m (86% of total revenue). Notably, cost of sales worth S$42.9m amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$9.88m (89% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of S$1.27m. Explore how BDA's revenue and expenses shape its earnings.

PNE Industries shares are down 8.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 6 warning signs for PNE Industries you should be aware of, and 3 of them are concerning.

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