Taiflex Scientific Third Quarter 2024 Earnings: Misses Expectations

Taiflex Scientific (TWSE:8039) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$2.85b (up 15% from 3Q 2023).
• Net income: NT$159.3m (down 42% from 3Q 2023).
• Profit margin: 5.6% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$0.65 (down from NT$1.26 in 3Q 2023).

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

Taiflex Scientific Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 58%.

The company's shares are down 6.2% from a week ago.

Risk Analysis

Be aware that Taiflex Scientific is showing 3 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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