Stock Analysis
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Formosa Sumco Technology Second Quarter 2024 Earnings: EPS: NT$0.89 (vs NT$2.55 in 2Q 2023)
Formosa Sumco Technology (TWSE:3532) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$3.23b (down 11% from 2Q 2023).
- Net income: NT$346.6m (down 65% from 2Q 2023).
- Profit margin: 11% (down from 27% in 2Q 2023). The decrease in margin was primarily driven by lower revenue.
- EPS: NT$0.89 (down from NT$2.55 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Formosa Sumco Technology shares are up 1.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 4 warning signs for Formosa Sumco Technology (1 is concerning!) that you should be aware of.
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About TWSE:3532
Formosa Sumco Technology
Manufactures, sells, and trades in silicon wafers in Taiwan, Japan, and China.