Stock Analysis
Kaori Heat Treatment Second Quarter 2024 Earnings: Beats Expectations
Kaori Heat Treatment (TWSE:8996) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$1.00b (down 24% from 2Q 2023).
- Net income: NT$165.7m (down 20% from 2Q 2023).
- Profit margin: 17% (in line with 2Q 2023).
- EPS: NT$1.84 (down from NT$2.32 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kaori Heat Treatment Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in Taiwan.
Performance of the Taiwanese Machinery industry.
The company's shares are up 11% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Kaori Heat Treatment.
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About TWSE:8996
Kaori Heat Treatment
Engages in the research, development, manufacture, and sale of heat exchanger solutions in Taiwan, rest of Asia, the United States, Europe, and internationally.