Moorim P&P Third Quarter 2024 Earnings: EPS: ₩105 (vs ₩165 loss in 3Q 2023)

Moorim P&P (KRX:009580) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩210.2b (up 19% from 3Q 2023).
• Net income: ₩6.52b (up from ₩10.3b loss in 3Q 2023).
• Profit margin: 3.1% (up from net loss in 3Q 2023).
• EPS: ₩105 (up from ₩165 loss in 3Q 2023).

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

Moorim P&P Earnings Insights

Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia.

Performance of the market in South Korea.

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

Risk Analysis

Be aware that Moorim P&P is showing 4 warning signs in our investment analysis and 2 of those don't sit too well with us...

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