Tongtai Machine & Tool Second Quarter 2024 Earnings: NT$0.56 loss per share (vs NT$0.062 loss in 2Q 2023)

Tongtai Machine & Tool (TWSE:4526) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$1.37b (down 32% from 2Q 2023).
• Net loss: NT$142.2m (loss widened by NT$126.3m from 2Q 2023).
• NT$0.56 loss per share (further deteriorated from NT$0.062 loss in 2Q 2023).

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

Tongtai Machine & Tool shares are up 2.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Tongtai Machine & Tool that you should be aware of.

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