King's Town Construction Third Quarter 2024 Earnings: EPS: NT$1.05 (vs NT$0.56 in 3Q 2023)

King's Town Construction (TWSE:2524) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$1.25b (up 39% from 3Q 2023).
• Net income: NT$389.7m (up 90% from 3Q 2023).
• Profit margin: 31% (up from 23% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$1.05 (up from NT$0.56 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

King's Town Construction Earnings Insights

Looking ahead, revenue is expected to decline by 37% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Taiwan are expected to grow by 40%.

Performance of the Taiwanese Real Estate industry.

The company's shares are up 5.2% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with King's Town Construction.

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