HD Hyundai Construction Equipment Third Quarter 2024 Earnings: EPS: ₩622 (vs ₩1,998 in 3Q 2023)

HD Hyundai Construction Equipment (KRX:267270) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩816.8b (down 12% from 3Q 2023).
• Net income: ₩11.0b (down 70% from 3Q 2023).
• Profit margin: 1.3% (down from 3.9% in 3Q 2023).
• EPS: ₩622 (down from ₩1,998 in 3Q 2023).

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

HD Hyundai Construction Equipment Earnings Insights

Looking ahead, revenue is forecast to grow 6.3% 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 share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for HD Hyundai Construction Equipment that you should be aware of.

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