Tatung Third Quarter 2024 Earnings: EPS: NT$3.10 (vs NT$0.24 in 3Q 2023)

Tatung (TWSE:2371) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$12.1b (up 5.9% from 3Q 2023).
• Net income: NT$6.95b (up by NT$6.40b from 3Q 2023).
• Profit margin: 57% (up from 4.8% in 3Q 2023). The increase in margin was primarily driven by lower expenses.
• EPS: NT$3.10 (up from NT$0.24 in 3Q 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 15% 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 up 1.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Tatung's balance sheet.

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