Tune Protect Group Berhad Third Quarter 2022 Earnings: RM0.016 loss per share (vs RM0.002 loss in 3Q 2021)




  • In Business
  • 2022-11-27 02:27:01Z
  • By Simply Wall St.
 

Tune Protect Group Berhad (KLSE:TUNEPRO) Third Quarter 2022 Results

Key Financial Results

  • Revenue: RM77.0m (up 47% from 3Q 2021).

  • Net loss: RM12.2m (loss widened by RM10.5m from 3Q 2021).

  • RM0.016 loss per share (further deteriorated from RM0.002 loss in 3Q 2021).

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

Tune Protect Group Berhad Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.1% growth forecast for the Insurance industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 1.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Tune Protect Group Berhad that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You'll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here

COMMENTS

More Related News

Regis (NYSE:RGS) shareholders are up 18% this past week, but still in the red over the last three years
Regis (NYSE:RGS) shareholders are up 18% this past week, but still in the red over the last three years

It is doubtless a positive to see that the Regis Corporation ( NYSE:RGS ) share price has gained some 41% in the last...

XOX Berhad Full Year 2022 Earnings: RM0.019 loss per share (vs RM0.012 loss in FY 2021)
XOX Berhad Full Year 2022 Earnings: RM0.019 loss per share (vs RM0.012 loss in FY 2021)

XOX Berhad ( KLSE:XOX ) Full Year 2022 Results Key Financial Results Revenue: RM293.6m (down 12% from FY 2021). Net...

Investors in RPMGlobal Holdings (ASX:RUL) have made a stellar return of 127% over the past five years
Investors in RPMGlobal Holdings (ASX:RUL) have made a stellar return of 127% over the past five years

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...

Star Media Group Berhad (KLSE:STAR) shareholders have endured a 74% loss from investing in the stock five years ago
Star Media Group Berhad (KLSE:STAR) shareholders have endured a 74% loss from investing in the stock five years ago

We're definitely into long term investing, but some companies are simply bad investments over any time frame. We don't...

Microsoft Erases Gains After Saying Azure Growth to Decelerate
Microsoft Erases Gains After Saying Azure Growth to Decelerate

(Bloomberg) -- Microsoft Corp. said revenue growth in its Azure cloud-computing business will decelerate in the current period and projected a further...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Business