KUMHO Engineering & Construction Third Quarter 2024 Earnings: ₩5,233 loss per share (vs ₩36.00 profit in 3Q 2023)

KUMHO Engineering & Construction (KRX:002990) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩387.1b (down 25% from 3Q 2023).
• Net loss: ₩189.3b (down from ₩1.29b profit in 3Q 2023).
• ₩5,233 loss per share (down from ₩36.00 profit in 3Q 2023).

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

KUMHO Engineering & Construction Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Construction industry in South Korea.

Performance of the South Korean Construction industry.

The company's shares are down 3.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for KUMHO Engineering & Construction (2 are potentially serious!) that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.