Daewoong Pharmaceutical Full Year 2024 Earnings: EPS Misses Expectations

Daewoong Pharmaceutical (KRX:069620) Full Year 2024 Results

Key Financial Results

• Revenue: ₩1.42t (up 3.4% from FY 2023).
• Net income: ₩24.7b (down 80% from FY 2023).
• Profit margin: 1.7% (down from 8.9% in FY 2023).
• EPS: ₩2,150 (down from ₩10,656 in FY 2023).

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

Daewoong Pharmaceutical EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 62%.

Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Pharmaceuticals industry in South Korea.

Performance of the South Korean Pharmaceuticals industry.

The company's shares are down 6.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Daewoong Pharmaceutical (1 is a bit unpleasant!) that you need to be mindful of.

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