Fulgent Sun International (Holding) Second Quarter 2024 Earnings: EPS: NT$2.14 (vs NT$3.27 in 2Q 2023)

Fulgent Sun International (Holding) (TWSE:9802) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$3.97b (down 14% from 2Q 2023).
• Net income: NT$407.7m (down 34% from 2Q 2023).
• Profit margin: 10% (down from 14% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: NT$2.14 (down from NT$3.27 in 2Q 2023).

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

Fulgent Sun International (Holding) Earnings Insights

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Luxury industry in Taiwan.

Performance of the Taiwanese Luxury industry.

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

Risk Analysis

You should learn about the 2 warning signs we've spotted with Fulgent Sun International (Holding).

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