Fu Hua Innovation Second Quarter 2024 Earnings: NT$0.058 loss per share (vs NT$0.53 profit in 2Q 2023)

Fu Hua Innovation (TWSE:3056) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$75.4m (down 89% from 2Q 2023).
• Net loss: NT$21.0m (down by 111% from NT$189.4m profit in 2Q 2023).
• NT$0.058 loss per share (down from NT$0.53 profit in 2Q 2023).

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

Fu Hua Innovation shares are up 9.7% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Fu Hua Innovation (at least 1 which shouldn't be ignored), and understanding them should be part of your investment process.

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