TURVO International Third Quarter 2024 Earnings: EPS: NT$3.11 (vs NT$2.58 in 3Q 2023)

TURVO International (TWSE:2233) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$964.0m (up 7.4% from 3Q 2023).
• Net income: NT$187.4m (up 21% from 3Q 2023).
• Profit margin: 19% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$3.11 (up from NT$2.58 in 3Q 2023).

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 11% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Taiwan.

Performance of the Taiwanese Machinery industry.

The company's shares are down 6.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for TURVO International that we have uncovered.

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