Stock Analysis

SILICON2 Second Quarter 2024 Earnings: EPS: ₩551 (vs ₩142 in 2Q 2023)

KOSDAQ:A257720
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SILICON2 (KOSDAQ:257720) Second Quarter 2024 Results

Key Financial Results

  • Revenue: ₩181.4b (up 132% from 2Q 2023).
  • Net income: ₩33.3b (up 289% from 2Q 2023).
  • Profit margin: 18% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue.
  • EPS: ₩551 (up from ₩142 in 2Q 2023).
earnings-and-revenue-growth
KOSDAQ:A257720 Earnings and Revenue Growth August 16th 2024

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

SILICON2 Earnings Insights

Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Retail Distributors industry in Asia.

Performance of the market in South Korea.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with SILICON2.

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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.