Drewloong Precision Full Year 2024 Earnings: Revenues Disappoint

Drewloong Precision (TWSE:4572) Full Year 2024 Results

Key Financial Results

• Revenue: NT$871.5m (up 4.7% from FY 2023).
• Net income: NT$284.2m (up 17% from FY 2023).
• Profit margin: 33% (up from 29% in FY 2023).
• EPS: NT$7.29 (up from NT$6.21 in FY 2023).

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

Drewloong Precision Revenues Disappoint

Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Aerospace & Defense industry in Asia.

Performance of the market in Taiwan.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Drewloong Precision (1 is a bit unpleasant!) that you should be aware of.

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