A lackluster earnings announcement from Perdana Petroleum Berhad (KLSE:PERDANA) last week didn’t sink the stock price. However, we believe that investors should be aware of some underlying factors which may be of concern.
KLSE:PERDANA Earnings and Revenue History November 26th 2025
For anyone who wants to understand Perdana Petroleum Berhad’s profit beyond the statutory numbers, it’s important to note that during the last twelve months statutory profit gained from RM39m worth of unusual items. We can’t deny that higher profits generally leave us optimistic, but we’d prefer it if the profit were to be sustainable. We ran the numbers on most publicly listed companies worldwide, and it’s very common for unusual items to be once-off in nature. And that’s as you’d expect, given these boosts are described as ‘unusual’. We can see that Perdana Petroleum Berhad’s positive unusual items were quite significant relative to its profit in the year to September 2025. As a result, we can surmise that the unusual items are making its statutory profit significantly stronger than it would otherwise be.
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Perdana Petroleum Berhad.
As previously mentioned, Perdana Petroleum Berhad’s large boost from unusual items won’t be there indefinitely, so its statutory earnings are probably a poor guide to its underlying profitability. As a result, we think it may well be the case that Perdana Petroleum Berhad’s underlying earnings power is lower than its statutory profit. Sadly, its EPS was down over the last twelve months. At the end of the day, it’s essential to consider more than just the factors above, if you want to understand the company properly. Keep in mind, when it comes to analysing a stock it’s worth noting the risks involved. For example, we’ve discovered 2 warning signs that you should run your eye over to get a better picture of Perdana Petroleum Berhad.
This note has only looked at a single factor that sheds light on the nature of Perdana Petroleum Berhad’s profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to ‘follow the money’ and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful.
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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.