Tosoh Full Year 2024 Earnings: Misses Expectations

Tosoh (TSE:4042) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥1.01t (down 5.5% from FY 2023).
• Net income: JP¥57.3b (up 14% from FY 2023).
• Profit margin: 5.7% (up from 4.7% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: JP¥180 (up from JP¥158 in FY 2023).

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

Tosoh Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 5.3%.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Chemicals industry in Japan.

Performance of the Japanese Chemicals industry.

The company's shares are up 1.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Tosoh's balance sheet health.

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