Nishoku Technology Full Year 2023 Earnings: EPS: NT$7.77 (vs NT$11.32 in FY 2022)

Nishoku Technology (TWSE:3679) Full Year 2023 Results

Key Financial Results

• Revenue: NT$3.51b (down 11% from FY 2022).
• Net income: NT$487.1m (down 31% from FY 2022).
• Profit margin: 14% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: NT$7.77 (down from NT$11.32 in FY 2022).

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

The primary driver behind last 12 months revenue was the North America segment contributing a total revenue of NT$1.63b (47% of total revenue). Notably, cost of sales worth NT$2.59b amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to NT$299.9m (67% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of NT$15.8m. Explore how 3679's revenue and expenses shape its earnings.

Nishoku Technology shares are up 3.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Nishoku Technology that you need to be mindful of.

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