Chroma ATE Full Year 2024 Earnings: In Line With Expectations

Chroma ATE (TWSE:2360) Full Year 2024 Results

Key Financial Results

• Revenue: NT$21.6b (up 16% from FY 2023).
• Net income: NT$5.26b (up 32% from FY 2023).
• Profit margin: 24% (up from 21% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: NT$12.49 (up from NT$9.45 in FY 2023).

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

Chroma ATE Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in Taiwan.

Performance of the Taiwanese Electronic industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Chroma ATE that we have uncovered.

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