Tatung Second Quarter 2024 Earnings: NT$0.37 loss per share (vs NT$0.25 profit in 2Q 2023)

Tatung (TWSE:2371) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$12.7b (down 4.3% from 2Q 2023).
• Net loss: NT$855.6m (down by 247% from NT$581.7m profit in 2Q 2023).
• NT$0.37 loss per share (down from NT$0.25 profit in 2Q 2023).

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

Tatung Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Taiwan.

Performance of the Taiwanese Electrical industry.

The company's shares are down 3.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Tatung you should know about.

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