Stock Analysis

SK Biopharmaceuticals Full Year 2024 Earnings: Beats Expectations

KOSE:A326030
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SK Biopharmaceuticals (KRX:326030) Full Year 2024 Results

Key Financial Results

  • Revenue: ₩547.6b (up 54% from FY 2023).
  • Net income: ₩240.7b (up from ₩32.9b loss in FY 2023).
  • Profit margin: 44% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.
  • EPS: ₩3,074 (up from ₩420 loss in FY 2023).
earnings-and-revenue-growth
KOSE:A326030 Earnings and Revenue Growth March 13th 2025

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

SK Biopharmaceuticals Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 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 8.8% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for SK Biopharmaceuticals 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:A326030

SK Biopharmaceuticals

A pharmaceutical company, engages in the research and development of drugs for the treatment of central nervous system disorders.

Flawless balance sheet with reasonable growth potential.