China Man-Made Fiber Third Quarter 2024 Earnings: EPS: NT$0.14 (vs NT$0.004 loss in 3Q 2023)
China Man-Made Fiber (TWSE:1718) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$11.7b (up 14% from 3Q 2023).
- Net income: NT$188.9m (up from NT$4.94m loss in 3Q 2023).
- Profit margin: 1.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
- EPS: NT$0.14 (up from NT$0.004 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Man-Made Fiber shares are up 3.4% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with China Man-Made Fiber, and understanding this should be part of your investment process.
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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:1718
China Man-Made Fiber
Manufactures and sells man-made fibers, cellophane, polyamine fiber, polyester fiber, chemicals, and the raw materials in Taiwan.
Good value with mediocre balance sheet.
