$BWYS GROUP BERHAD (0313.MY)$ see Chatgpt analysis of this I...
$BWYS GROUP BERHAD(0313.MY$ see Chatgpt analysis of this IPO company 1st Q 2024 financial report, looks like it is good to invest in this company.====>Let's analyze the Q1 2024 earnings report of BWYS Group to determine its business performance and potential as an investment.
### Financial Highlights
1. **Revenue**:
- **Q1 2024**: RM 43,495,000
- **Q1 2023**: RM 35,876,000
- **Change**: +21.2%
2. **Gross Profit**:
- **Q1 2024**: RM 15,135,000
- **Q1 2023**: RM 11,847,000
- **Change**: +27.7%
- **Gross Profit Margin**:
- **Q1 2024**: 34.8%
- **Q1 2023**: 33.0%
3. **Profit Before Tax (PBT)**:
- **Q1 2024**: RM 9,758,000
- **Q1 2023**: RM 7,402,000
- **Change**: +31.8%
- **PBT Margin**:
- **Q1 2024**: 22.4%
- **Q1 2023**: 20.6%
4. **Profit After Tax (PAT)**:
- **Q1 2024**: RM 7,385,000
- **Q1 2023**: RM 5,480,000
- **Change**: +34.8%
- **PAT Margin**:
- **Q1 2024**: 17.0%
- **Q1 2023**: 15.3%
5. **Earnings Per Share (EPS)**:
- **Q1 2024**: RM 0.038
- **Q1 2023**: RM 0.028
- **Change**: +35.7%
### Analysis
1. **Revenue Growth**:
- The company has shown a solid revenue growth of 21.2% compared to the same period last year. This indicates a strong demand for its products/services.
2. **Gross Profit and Margin**:
- Gross profit increased by 27.7%, and the gross profit margin improved to 34.8%. This suggests efficient cost management and a healthy profit generation capability from core operations.
3. **Profit Before Tax**:
- PBT increased by 31.8%, with a margin improvement to 22.4%. This indicates the company’s ability to manage its expenses effectively and generate higher profitability.
4. **Profit After Tax**:
- PAT saw a significant increase of 34.8%, with a margin of 17.0%. This is a positive sign of the company’s net profitability and operational efficiency.
5. **Earnings Per Share**:
- EPS increased by 35.7%, reflecting the company’s ability to deliver higher returns to its shareholders.
### Conclusion
The Q1 2024 earnings report of BWYS Group shows a strong and positive performance with significant growth in revenue, profit margins, and earnings per share. The company has demonstrated efficient cost management and an ability to generate higher profitability. Based on these financial indicators, BWYS Group appears to be performing well and could be a promising investment.
Given the positive financial performance, it may be a good idea to consider investing in BWYS Group stock when it is listed on Bursa Malaysia on Monday, 22/07/2024. However, it is also important to consider other factors such as market conditions, industry trends, and your own investment strategy before making a final decision.
from the above analysis, i will consider to buy this stock once it is listed on Monday 22/07/2024
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