Tainan Spinning Third Quarter 2024 Earnings: NT$0.03 loss per share (vs NT$0.045 loss in 3Q 2023)
Tainan Spinning (TWSE:1440) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$4.63b (up 2.1% from 3Q 2023).
- Net loss: NT$53.0m (loss narrowed by 28% from 3Q 2023).
- NT$0.03 loss per share (improved from NT$0.045 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tainan Spinning's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Tainan Spinning that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Tainan Spinning might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TWSE:1440
Tainan Spinning
Engages in the manufacture and sale of various textile products and synthetic fiber materials in Taiwan, Mainland China, Vietnam, and internationally.
Adequate balance sheet second-rate dividend payer.