Stock Analysis
- Taiwan
- /
- Electrical
- /
- TWSE:2371
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.
Valuation is complex, but we're here to simplify it.
Discover if Tatung might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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:2371
Tatung
Through its subsidiaries, provides energy saving and green energy related systems and services in Taiwan, rest of Asia, Europe, America, and internationally.