Richards Packaging Income Fund (TSE:RPI.UN) Third quarter 2022 results
Main financial results
- Revenue: 109.0 million Canadian dollars (down 2.8% compared to the 3rd quarter of 2021).
- Net profit: CA$11.7m (up 197% compared to 3Q 2021).
- Profit margin: 11% (compared to 3.5% in the 3rd quarter of 2021).
- EPS: C$0.011.
All figures shown in the table above are for the 12 month period (TTM)
Richards Packaging Income Fund Earnings Overview
Looking ahead, revenues are expected to decrease by an average of 1.2% per year over the next 2 years, while packaging industry revenues in Canada are expected to increase by 4.1%.
The company’s stock price is broadly unchanged from a week ago.
Before concluding, we discovered 4 warning signs for Richards Packaging Income Fund which you should be aware of.
Valuation is complex, but we help make it simple.
Find out if Richards Packaging Income Fund is potentially overvalued or undervalued by viewing our full analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.
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