Tong Ming Enterprise Second Quarter 2024 Earnings: EPS: NT$1.05 (vs NT$0.36 in 2Q 2023)
Tong Ming Enterprise (TWSE:5538) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$3.20b (down 12% from 2Q 2023).
- Net income: NT$210.6m (up 190% from 2Q 2023).
- Profit margin: 6.6% (up from 2.0% in 2Q 2023). The increase in margin was driven by lower expenses.
- EPS: NT$1.05 (up from NT$0.36 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tong Ming Enterprise shares are up 4.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Tong Ming Enterprise you should know about.
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About TWSE:5538
Tong Ming Enterprise
Manufactures and sells stainless steel fasteners and wires under the TONG brand name in China and internationally.
Solid track record with excellent balance sheet.