Nankang Rubber TireLtd Third Quarter 2024 Earnings: EPS: NT$3.12 (vs NT$0.007 loss in 3Q 2023)

Nankang Rubber TireLtd (TWSE:2101) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$8.78b (up 315% from 3Q 2023).
• Net income: NT$2.60b (up from NT$6.24m loss in 3Q 2023).
• Profit margin: 30% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: NT$3.12 (up from NT$0.007 loss in 3Q 2023).

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

Nankang Rubber TireLtd shares are down 3.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Nankang Rubber TireLtd you should be aware of.

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