Symtek Automation Asia Second Quarter 2024 Earnings: EPS: NT$1.16 (vs NT$2.38 in 2Q 2023)
Symtek Automation Asia (TWSE:6438) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$1.25b (down 23% from 2Q 2023).
- Net income: NT$87.0m (down 49% from 2Q 2023).
- Profit margin: 7.0% (down from 11% in 2Q 2023). The decrease in margin was driven by lower revenue.
- EPS: NT$1.16 (down from NT$2.38 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Symtek Automation Asia Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan.
Performance of the Taiwanese Machinery industry.
The company's shares are down 4.1% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Symtek Automation Asia.
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About TWSE:6438
Symtek Automation Asia
Designs and manufactures automation equipment and related products in Taiwan.
Flawless balance sheet and fair value.