Stock Analysis
- South Korea
- /
- Beverage
- /
- KOSE:A000080
HITEJINRO Second Quarter 2024 Earnings: EPS: ₩630 (vs ₩52.00 loss in 2Q 2023)
HITEJINRO (KRX:000080) Second Quarter 2024 Results
Key Financial Results
- Revenue: ₩665.2b (up 3.7% from 2Q 2023).
- Net income: ₩43.8b (up from ₩3.61b loss in 2Q 2023).
- Profit margin: 6.6% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue.
- EPS: ₩630 (up from ₩52.00 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HITEJINRO Earnings Insights
Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Beverage industry in Asia.
Performance of the market in South Korea.
The company's shares are up 8.5% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with HITEJINRO (including 1 which shouldn't be ignored).
Valuation is complex, but we're here to simplify it.
Discover if HITEJINRO might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About KOSE:A000080
HITEJINRO
Manufactures and sells alcoholic beverages in South Korea.