Sunko Ink Third Quarter 2024 Earnings: EPS Beats Expectations
Sunko Ink (TWSE:1721) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$648.1m (up 24% from 3Q 2023).
- Net loss: NT$20.4m (loss narrowed by 74% from 3Q 2023).
- NT$0.11 loss per share (improved from NT$0.42 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sunko Ink EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 56%.
Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 2 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 2.9% from a week ago.
Risk Analysis
Be aware that Sunko Ink is showing 1 warning sign in our investment analysis that you should know about...
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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:1721
Sunko Ink
Engages in the manufacture, processing, and trading of chemicals and industrial materials in Taiwan, the United States, Asia, Europe, and internationally.
Mediocre balance sheet and slightly overvalued.
