Stock Analysis
TURVO International (TWSE:2233) Full Year 2023 Results
Key Financial Results
- Revenue: NT$3.34b (flat on FY 2022).
- Net income: NT$534.0m (down 14% from FY 2022).
- Profit margin: 16% (down from 19% in FY 2022).
- EPS: NT$8.86 (down from NT$10.32 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TURVO International Earnings Insights
Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan.
Performance of the Taiwanese Machinery industry.
The company's shares are down 4.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for TURVO International that you should be aware of.
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About TWSE:2233
TURVO International
TURVO International Co., Ltd. engages in the development, production, and sale of precision metal parts and components.
Excellent balance sheet established dividend payer.
