Stock Analysis
- Taiwan
- /
- Auto Components
- /
- TWSE:2228
Iron Force Industrial Second Quarter 2024 Earnings: EPS: NT$1.48 (vs NT$1.49 in 2Q 2023)
Iron Force Industrial (TWSE:2228) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$1.20b (up 2.7% from 2Q 2023).
- Net income: NT$112.4m (flat on 2Q 2023).
- Profit margin: 9.3% (in line with 2Q 2023).
- EPS: NT$1.48 (down from NT$1.49 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Iron Force Industrial Earnings Insights
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Auto Components industry in Taiwan.
Performance of the Taiwanese Auto Components industry.
The company's shares are up 6.9% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Iron Force Industrial that you should be aware of.
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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 TWSE:2228
Iron Force Industrial
Manufactures and trades in airbag inflators for automotive safety systems in Taiwan and internationally.