Celltrion First Quarter 2024 Earnings: EPS: ₩108 (vs ₩1,156 in 1Q 2023)

Celltrion (KRX:068270) First Quarter 2024 Results

Key Financial Results

• Revenue: ₩737.0b (up 23% from 1Q 2023).
• Net income: ₩22.4b (down 86% from 1Q 2023).
• Profit margin: 3.0% (down from 28% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: ₩108 (down from ₩1,156 in 1Q 2023).

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

Celltrion Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in South Korea.

Performance of the South Korean Biotechs industry.

The company's shares are down 2.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Celltrion has 2 warning signs we think you should be aware of.

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