Asia Optical Third Quarter 2024 Earnings: EPS: NT$2.46 (vs NT$0.65 in 3Q 2023)

Asia Optical (TWSE:3019) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$6.83b (up 45% from 3Q 2023).
• Net income: NT$684.7m (up 277% from 3Q 2023).
• Profit margin: 10.0% (up from 3.9% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$2.46 (up from NT$0.65 in 3Q 2023).

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

Asia Optical Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 14% 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

Be aware that Asia Optical is showing 1 warning sign in our investment analysis that you should know about...

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