Daejoo Electronic Materials Third Quarter 2024 Earnings: EPS: ₩306 (vs ₩6.00 in 3Q 2023)

Daejoo Electronic Materials (KOSDAQ:078600) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩55.8b (up 3.6% from 3Q 2023).
• Net income: ₩4.59b (up by ₩4.49b from 3Q 2023).
• Profit margin: 8.2% (up from 0.2% in 3Q 2023). The increase in margin was primarily driven by lower expenses.
• EPS: ₩306 (up from ₩6.00 in 3Q 2023).

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

Daejoo Electronic Materials Earnings Insights

Looking ahead, revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in South Korea.

Performance of the South Korean Electronic industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Daejoo Electronic Materials (2 are concerning!) that we have uncovered.

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