SK oceanplantLtd Third Quarter 2024 Earnings: EPS: ₩154 (vs ₩104 in 3Q 2023)

SK oceanplantLtd (KRX:100090) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩199.2b (down 16% from 3Q 2023).
• Net income: ₩9.11b (up 59% from 3Q 2023).
• Profit margin: 4.6% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: ₩154 (up from ₩104 in 3Q 2023).

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

SK oceanplantLtd Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in South Korea.

Performance of the South Korean Machinery industry.

The company's shares are down 13% from a week ago.

Risk Analysis

You still need to take note of risks, for example - SK oceanplantLtd has 1 warning sign we think you should be aware of.

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