Nan Ya Plastics Third Quarter 2024 Earnings: EPS: NT$0.008 (vs NT$0.55 in 3Q 2023)

Nan Ya Plastics (TWSE:1303) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$66.4b (down 1.2% from 3Q 2023).
• Net income: NT$65.8m (down 99% from 3Q 2023).
• Profit margin: 0.1% (down from 6.5% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.
• EPS: NT$0.008 (down from NT$0.55 in 3Q 2023).

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

Nan Ya Plastics Earnings Insights

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Taiwan.

Performance of the Taiwanese Chemicals industry.

The company's shares are down 6.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Nan Ya Plastics that you should be aware of.

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