SINBON Electronics Third Quarter 2024 Earnings: EPS Beats Expectations

SINBON Electronics (TWSE:3023) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$8.43b (up 2.7% from 3Q 2023).
• Net income: NT$949.1m (up 8.1% from 3Q 2023).
• Profit margin: 11% (in line with 3Q 2023).
• EPS: NT$3.95 (up from NT$3.66 in 3Q 2023).

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

SINBON Electronics EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.4%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan.

Performance of the Taiwanese Electronic industry.

The company's shares are down 6.9% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for SINBON Electronics you should know about.

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