CJ Third Quarter 2024 Earnings: ₩4,983 loss per share (vs ₩4,094 profit in 3Q 2023)

CJ (KRX:001040) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩11t (up 2.1% from 3Q 2023).
• Net loss: ₩167.1b (down by 222% from ₩137.3b profit in 3Q 2023).
• ₩4,983 loss per share (down from ₩4,094 profit in 3Q 2023).

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

CJ Earnings Insights

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Industrials industry in South Korea.

Performance of the South Korean Industrials industry.

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

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for CJ that you should be aware of.

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