Stock Analysis
Formosan Rubber Group First Quarter 2024 Earnings: EPS: NT$0.35 (vs NT$0.17 in 1Q 2023)
Formosan Rubber Group (TWSE:2107) First Quarter 2024 Results
Key Financial Results
- Revenue: NT$271.4m (down 19% from 1Q 2023).
- Net income: NT$107.7m (up 110% from 1Q 2023).
- Profit margin: 40% (up from 15% in 1Q 2023). The increase in margin was driven by lower expenses.
- EPS: NT$0.35 (up from NT$0.17 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Formosan Rubber Group's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Formosan Rubber Group that you should be aware of before investing here.
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About TWSE:2107
Formosan Rubber Group
Produces and markets rubber and plastic sheets, plastic foam and PVC resin sheets, and related materials.