- South Korea
- /
- Electronic Equipment and Components
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- KOSE:A248070
Solum Third Quarter 2024 Earnings: EPS: ₩245 (vs ₩721 in 3Q 2023)
Solum (KRX:248070) Third Quarter 2024 Results
Key Financial Results
- Revenue: ₩472.2b (down 11% from 3Q 2023).
- Net income: ₩11.9b (down 66% from 3Q 2023).
- Profit margin: 2.5% (down from 6.7% in 3Q 2023). The decrease in margin was driven by lower revenue.
- EPS: ₩245 (down from ₩721 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Solum Earnings Insights
Looking ahead, revenue is forecast to grow 17% 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 12% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Solum that we have uncovered.
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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:A248070
Solum
Manufactures and markets power modules, digital tuners, and electronic shelf labels to customers in South Korea and internationally.
High growth potential with excellent balance sheet.
