Da-Li DevelopmentLtd Second Quarter 2024 Earnings: EPS: NT$0.81 (vs NT$0.19 loss in 2Q 2023)

Da-Li DevelopmentLtd (TWSE:6177) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$4.13b (up by NT$3.81b from 2Q 2023).
• Net income: NT$346.9m (up from NT$81.0m loss in 2Q 2023).
• Profit margin: 8.4% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
• EPS: NT$0.81 (up from NT$0.19 loss in 2Q 2023).

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

Da-Li DevelopmentLtd Earnings Insights

Looking ahead, revenue is expected to decline by 18% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Taiwan are expected to grow by 20%.

Performance of the Taiwanese Real Estate industry.

The company's shares are down 10% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Da-Li DevelopmentLtd that you should be aware of.

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