Stock Analysis
- South Korea
- /
- Medical Equipment
- /
- KOSE:A008490
Suheung Second Quarter 2024 Earnings: EPS: ₩170 (vs ₩481 in 2Q 2023)
Suheung (KRX:008490) Second Quarter 2024 Results
Key Financial Results
- Revenue: ₩172.8b (up 12% from 2Q 2023).
- Net income: ₩1.90b (down 65% from 2Q 2023).
- Profit margin: 1.1% (down from 3.5% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: ₩170 (down from ₩481 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Suheung Earnings Insights
Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Medical Equipment industry in South Korea.
Performance of the South Korean Medical Equipment industry.
The company's shares are up 4.7% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Suheung (1 is concerning!) that you need to take into consideration.
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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:A008490
Suheung
Produces and sells empty hard and soft capsules for pharmaceutical, dietary supplement, and food industries.