Stock Analysis

Tri Chemical Laboratories Full Year 2024 Earnings: In Line With Expectations

TSE:4369
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Tri Chemical Laboratories (TSE:4369) Full Year 2024 Results

Key Financial Results

  • Revenue: JP¥11.2b (down 19% from FY 2023).
  • Net income: JP¥2.47b (down 49% from FY 2023).
  • Profit margin: 22% (down from 35% in FY 2023). The decrease in margin was driven by lower revenue.
  • EPS: JP¥76.01 (down from JP¥149 in FY 2023).
earnings-and-revenue-growth
TSE:4369 Earnings and Revenue Growth March 18th 2024

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

Tri Chemical Laboratories Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Japan.

Performance of the Japanese Semiconductor industry.

The company's shares are up 2.7% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Tri Chemical Laboratories that you should be aware of.

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