Lotte Energy Materials Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Lotte Energy Materials (KRX:020150) Full Year 2024 Results

Key Financial Results

• Revenue: ₩902.3b (up 12% from FY 2023).
• Net income: ₩6.30b (up from ₩32.5b loss in FY 2023).
• Profit margin: 0.7% (up from net loss in FY 2023).
• EPS: ₩137 (up from ₩706 loss in FY 2023).

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

Lotte Energy Materials EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in South Korea.

Performance of the South Korean Electronic industry.

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

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Lotte Energy Materials that you should be aware of.

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