Hankook Third Quarter 2024 Earnings: EPS: ₩1,274 (vs ₩963 in 3Q 2023)

Hankook (KRX:000240) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩381.4b (up 28% from 3Q 2023).
• Net income: ₩120.7b (up 32% from 3Q 2023).
• Profit margin: 32% (in line with 3Q 2023).
• EPS: ₩1,274 (up from ₩963 in 3Q 2023).

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

Hankook Earnings Insights

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Auto Components industry in South Korea.

Performance of the South Korean Auto Components industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Hankook's balance sheet and an in-depth analysis of the company's financial position.

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