Sunonwealth Electric Machine Industry Full Year 2024 Earnings: EPS Misses Expectations
Sunonwealth Electric Machine Industry (TWSE:2421) Full Year 2024 Results
Key Financial Results
- Revenue: NT$14.6b (up 13% from FY 2023).
- Net income: NT$1.49b (up 12% from FY 2023).
- Profit margin: 10% (in line with FY 2023).
- EPS: NT$5.46 (up from NT$5.16 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sunonwealth Electric Machine Industry EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.8%.
Looking ahead, revenue is forecast to grow 14% 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 up 6.4% from a week ago.
Risk Analysis
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About TWSE:2421
Sunonwealth Electric Machine Industry
Manufactures and sells precision motors and thermal solutions worldwide.
Outstanding track record with flawless balance sheet and pays a dividend.
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