- South Korea
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- Electrical
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- KOSE:A006340
Daewon Cable Second Quarter 2024 Earnings: ₩7.00 loss per share (vs ₩31.00 profit in 2Q 2023)
Daewon Cable (KRX:006340) Second Quarter 2024 Results
Key Financial Results
- Revenue: ₩151.8b (up 10% from 2Q 2023).
- Net loss: ₩564.8m (down by 125% from ₩2.30b profit in 2Q 2023).
- ₩7.00 loss per share (down from ₩31.00 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Daewon Cable shares are up 3.6% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Daewon Cable (1 is concerning!) that you need to be mindful 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.
About KOSE:A006340
Daewon Cable
Manufactures and sells cables and wires in South Korea and internationally.
Solid track record with excellent balance sheet.