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Sinkang Industries Third Quarter 2024 Earnings: EPS: NT$0.01 (vs NT$0.064 in 3Q 2023)
Sinkang Industries (TWSE:2032) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$739.2m (up 2.0% from 3Q 2023).
- Net income: NT$1.50m (down 82% from 3Q 2023).
- Profit margin: 0.2% (down from 1.1% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: NT$0.01 (down from NT$0.064 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sinkang Industries' share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Sinkang Industries (1 is a bit unpleasant!) that you should be aware of.
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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:2032
Sinkang Industries
Manufactures and sells stainless steel in Taiwan and internationally.
Excellent balance sheet with questionable track record.