Stock Analysis
- South Korea
- /
- Aerospace & Defense
- /
- KOSDAQ:A099320
Satrec Initiative Second Quarter 2024 Earnings: EPS: ₩392 (vs ₩2,028 in 2Q 2023)
Satrec Initiative (KOSDAQ:099320) Second Quarter 2024 Results
Key Financial Results
- Revenue: ₩47.5b (up 22% from 2Q 2023).
- Net income: ₩4.29b (down 77% from 2Q 2023).
- Profit margin: 9.0% (down from 47% in 2Q 2023).
- EPS: ₩392 (down from ₩2,028 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Satrec Initiative Earnings Insights
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in South Korea.
Performance of the South Korean Aerospace & Defense industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Satrec Initiative is showing 3 warning signs in our investment analysis and 2 of those don't sit too well with us...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About KOSDAQ:A099320
Satrec Initiative
Provides solutions for earth observation missions worldwide.