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

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