- IOI’s net income for the second quarter is reported at 111.1 million ringgit, marking a significant decrease of 67% compared to the same period last year.
- The company’s revenue has seen an increase, rising by 24% year-over-year to reach 2.97 billion ringgit.
- Earnings per share (EPS) have dropped to 1.790 sen from 5.410 sen year-over-year.
- Market analysts have issued 10 buy recommendations, 5 hold recommendations, and 1 sell recommendation for IOI’s stock.
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A look at IOI Corp Bhd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
IOI Corp Bhd, a company specializing in oil palm and rubber cultivation and processing, has received promising scores in various areas according to the Smartkarma Smart Scores system. With a Growth score of 4 and Momentum score of 4, IOI Corp Bhd is displaying positive signs for future expansion and market performance. The company’s Value score of 2 indicates room for improvement in terms of the stock’s perceived worth, while its Dividend and Resilience scores stand at 3, reflecting a moderate outlook in these areas. Overall, the company’s overall outlook seems favorable, especially in terms of growth potential and market momentum.
IOI Corporation Berhad, in addition to its core activities in oil palm and rubber, is involved in a diverse range of sectors such as property development, landscape services, and industrial gas manufacturing. The company’s operations also extend to offering construction services and selling ornamental plants. The combination of its varied business segments positions IOI Corp Bhd as a multifaceted player in the market, with opportunities for growth and development across its different business interests.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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