LX International First Quarter 2024 Earnings: EPS: ₩2,230 (vs ₩3,485 in 1Q 2023)

LX International (KRX:001120) First Quarter 2024 Results

Key Financial Results

• Revenue: ₩3.78t (up 2.1% from 1Q 2023).
• Net income: ₩80.2b (down 36% from 1Q 2023).
• Profit margin: 2.1% (down from 3.4% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: ₩2,230 (down from ₩3,485 in 1Q 2023).

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

LX International Earnings Insights

Looking ahead, revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Trade Distributors industry in South Korea.

Performance of the South Korean Trade Distributors industry.

The company's shares are up 6.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for LX International that you should be aware of.

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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.