Highwealth Construction (TWSE:2542) Full Year 2024 Results
Key Financial Results
- Revenue: NT$36.9b (down 16% from FY 2023).
- Net income: NT$6.29b (up 158% from FY 2023).
- Profit margin: 17% (up from 5.5% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: NT$3.13 (up from NT$1.21 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Highwealth Construction Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 20%.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Highwealth Construction that you should be aware of.
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About TWSE:2542
Highwealth Construction
Engages in the development, construction, leasing, and sale of residential and commercial buildings in Taiwan.
Solid track record with adequate balance sheet.