Posco Dx (KRX:022100) Third Quarter 2024 Results
Key Financial Results
- Revenue: ₩318.6b (down 10% from 3Q 2023).
- Net income: ₩21.5b (down 18% from 3Q 2023).
- Profit margin: 6.8% (down from 7.4% in 3Q 2023). The decrease in margin was driven by lower revenue.
- EPS: ₩142 (down from ₩172 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Posco Dx Earnings Insights
Looking ahead, revenue is expected to decline by 8.1% p.a. on average during the next 3 years, while revenues in the IT industry in South Korea are expected to grow by 5.8%.
Performance of the South Korean IT industry.
The company's shares are down 7.3% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Posco Dx (at least 1 which is significant), and understanding them should be part of your investment process.
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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:A022100
Posco Dx
Provides ICT solutions to construction and materials industry in South Korea and internationally.
Flawless balance sheet with acceptable track record.
