Asia Polymer (TWSE:1308) Full Year 2024 Results
Key Financial Results
- Revenue: NT$6.03b (down 10% from FY 2023).
- Net loss: NT$750.5m (down from NT$116.3m profit in FY 2023).
- NT$1.26 loss per share (down from NT$0.20 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Asia Polymer Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 26%.
The company's shares are up 1.7% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Asia Polymer that you need to take into consideration.
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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:1308
Asia Polymer
Designs, develops, manufactures, and sells low density polyethylene (LDPE) and ethylene vinyl acetate copolymer (EVA) in Taiwan, Asia, and internationally.
Excellent balance sheet and slightly overvalued.
