BAIKSAN Co Second Quarter 2024 Earnings: EPS: ₩573 (vs ₩328 in 2Q 2023)

BAIKSAN Co (KRX:035150) Second Quarter 2024 Results

Key Financial Results

• Revenue: ₩115.6b (up 21% from 2Q 2023).
• Net income: ₩12.7b (up 68% from 2Q 2023).
• Profit margin: 11% (up from 7.9% in 2Q 2023). The increase in margin was driven by higher revenue.
• EPS: ₩573 (up from ₩328 in 2Q 2023).

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

BAIKSAN Co Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in South Korea.

Performance of the South Korean Luxury industry.

The company's shares are up 5.8% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with BAIKSAN Co.

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