Orient Semiconductor Electronics First Quarter 2024 Earnings: EPS: NT$0.70 (vs NT$0.25 in 1Q 2023)

Orient Semiconductor Electronics (TWSE:2329) First Quarter 2024 Results

Key Financial Results

• Revenue: NT$4.18b (up 28% from 1Q 2023).
• Net income: NT$499.3m (up 256% from 1Q 2023).
• Profit margin: 12% (up from 4.3% in 1Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$0.70 (up from NT$0.25 in 1Q 2023).

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

Orient Semiconductor Electronics Earnings Insights

Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan.

Performance of the Taiwanese Semiconductor industry.

The company's shares are down 2.6% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Orient Semiconductor Electronics, and understanding it should be part of your investment process.

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