Stock Analysis
Ares International Third Quarter 2024 Earnings: EPS: NT$0.69 (vs NT$0.87 in 3Q 2023)
Ares International (TWSE:2471) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$225.1m (up 23% from 3Q 2023).
- Net income: NT$32.8m (down 20% from 3Q 2023).
- Profit margin: 15% (down from 22% in 3Q 2023).
- EPS: NT$0.69 (down from NT$0.87 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ares International Earnings Insights
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the IT industry in Taiwan.
Performance of the Taiwanese IT industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 4 warning signs for Ares International (1 can't be ignored!) that you should be aware of.
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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:2471
Ares International
Engages in the design, sale, lease, maintenance, and technology consultation of computer equipment, internet, and related software in Taiwan, Asia, the United States, and internationally.
