LS Eco Energy Third Quarter 2024 Earnings: EPS: ₩244 (vs ₩62.00 in 3Q 2023)

LS Eco Energy (KRX:229640) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩223.4b (up 33% from 3Q 2023).
• Net income: ₩7.40b (up 291% from 3Q 2023).
• Profit margin: 3.3% (up from 1.1% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: ₩244 (up from ₩62.00 in 3Q 2023).

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

LS Eco Energy Earnings Insights

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea.

Performance of the South Korean Electrical industry.

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

Risk Analysis

We should say that we've discovered 1 warning sign for LS Eco Energy that you should be aware of before investing here.

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