- Petronas Chemicals reported a stronger-than-expected earnings per share (EPS) for the fourth quarter.
- The EPS recorded was 6.0 sen, surpassing the estimated 4.2 sen.
- The company achieved a net income of 519.0 million ringgit.
- Total revenue for the quarter was 7.46 billion ringgit.
- Market analysts have mixed opinions with 6 recommending a “buy,” 5 suggesting a “hold,” and 9 advising to “sell.”
A look at Petronas Chemicals Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 2 | |
| 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
Based on the Smartkarma Smart Scores, Petronas Chemicals Group Bhd. is positioned favorably for long-term growth and stability. With solid scores in Value and Dividend at 4, investors can expect good returns and income. The company’s Resilience score of 4 indicates a strong ability to weather economic uncertainties, providing investors with a sense of security. However, the Growth and Momentum scores at 2 suggest that there may be challenges in terms of future expansion and market performance.
Overall, Petronas Chemicals Group Bhd. presents itself as a reliable investment option with a focus on value and consistent payouts. Its diversified range of petrochemical products positions it well in the industry. Investors seeking stability and steady returns may find Petronas Chemicals Group Bhd. to be a promising long-term prospect, given its strong performance across key financial metrics.
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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