Taihei Dengyo Kaisha Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Taihei Dengyo Kaisha (TSE:1968) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥129.4b (up 2.9% from FY 2023).
• Net income: JP¥8.40b (down 21% from FY 2023).
• Profit margin: 6.5% (down from 8.4% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥441 (down from JP¥558 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Taihei Dengyo Kaisha EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 6.2%.

Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Construction industry in Japan.

Performance of the Japanese Construction industry.

The company's shares are down 4.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Taihei Dengyo Kaisha that we have uncovered.

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