Stock Analysis
China Steel Chemical First Quarter 2024 Earnings: In Line With Expectations
China Steel Chemical (TWSE:1723) First Quarter 2024 Results
Key Financial Results
- Revenue: NT$1.73b (down 24% from 1Q 2023).
- Net income: NT$277.6m (down 15% from 1Q 2023).
- Profit margin: 16% (up from 14% in 1Q 2023). The increase in margin was driven by lower expenses.
- EPS: NT$1.20 (down from NT$1.41 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Steel Chemical's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for China Steel Chemical that you should be aware of.
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About TWSE:1723
China Steel Chemical
Produces and sells coal chemicals and refined carbon materials in Taiwan.
Flawless balance sheet and fair value.