Stock Analysis
- Taiwan
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- Semiconductors
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- TWSE:6196
Marketech International Second Quarter 2024 Earnings: Beats Expectations
Marketech International (TWSE:6196) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$15.4b (up 13% from 2Q 2023).
- Net income: NT$370.7m (down 55% from 2Q 2023).
- Profit margin: 2.4% (down from 6.0% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: NT$1.84 (down from NT$4.18 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Marketech International Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.1%.
Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan.
Performance of the Taiwanese Semiconductor industry.
The company's shares are up 5.6% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Marketech International, and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TWSE:6196
Marketech International
Manufactures, sells, imports, and trades in a range of integrated circuits, semiconductors, electrical and computer equipment and materials, chemicals, gas, and components in Taiwan, China, the United States, and internationally.