Kanto Denka Kogyo Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Kanto Denka Kogyo (TSE:4047) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥64.8b (down 18% from FY 2023).
• Net loss: JP¥4.61b (down by 149% from JP¥9.38b profit in FY 2023).
• JP¥80.24 loss per share (down from JP¥163 profit in FY 2023).

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

Kanto Denka Kogyo Revenues Beat Expectations, EPS Falls Short

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

Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan.

Performance of the Japanese Chemicals industry.

The company's shares are down 14% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Kanto Denka Kogyo (at least 1 which doesn't sit too well with us), and understanding them should be part of your investment process.

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