Posco Dx Third Quarter 2024 Earnings: EPS: ₩142 (vs ₩172 in 3Q 2023)

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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