HD Hyundai Infracore Full Year 2024 Earnings: EPS Misses Expectations

HD Hyundai Infracore (KRX:042670) Full Year 2024 Results

Key Financial Results

• Revenue: ₩4.11t (down 12% from FY 2023).
• Net income: ₩108.4b (down 53% from FY 2023).
• Profit margin: 2.6% (down from 5.0% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: ₩556 (down from ₩1,159 in FY 2023).

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

HD Hyundai Infracore EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in South Korea.

Performance of the South Korean Machinery industry.

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

Risk Analysis

Before you take the next step you should know about the 2 warning signs for HD Hyundai Infracore that we have uncovered.

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