LX International Reports Second Quarter 2024 Earnings

LX International (KRX:001120) Second Quarter 2024 Results

Key Financial Results

• Revenue: ₩4.07t (up 18% from 2Q 2023).
• Net income: ₩90.3b (up 121% from 2Q 2023).
• Profit margin: 2.2% (up from 1.2% in 2Q 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 stay flat during the next 3 years compared to a 5.9% growth forecast for the Trade Distributors industry in South Korea.

Performance of the South Korean Trade Distributors industry.

The company's shares are down 2.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for LX International that you should be aware of.

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