Foosung Full Year 2024 Earnings: Misses Expectations

Foosung (KRX:093370) Full Year 2024 Results

Key Financial Results

• Revenue: ₩437.8b (down 16% from FY 2023).
• Net loss: ₩69.4b (loss widened by 29% from FY 2023).
• ₩668 loss per share (further deteriorated from ₩556 loss in FY 2023).

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

Foosung Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Chemicals industry in South Korea.

Performance of the South Korean Chemicals industry.

The company's shares are up 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Foosung has 1 warning sign we think you should be aware of.

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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.