BAIKSAN Co Third Quarter 2024 Earnings: EPS: ₩625 (vs ₩710 in 3Q 2023)

BAIKSAN Co (KRX:035150) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩128.8b (up 11% from 3Q 2023).
• Net income: ₩13.5b (down 19% from 3Q 2023).
• Profit margin: 11% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: ₩625 (down from ₩710 in 3Q 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 10% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in South Korea.

Performance of the South Korean Luxury industry.

The company's shares are down 5.0% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of BAIKSAN Co's balance sheet and an in-depth analysis of the company's financial position.

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