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).
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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