Giantplus Technology Second Quarter 2024 Earnings: NT$0.15 loss per share (vs NT$0.15 profit in 2Q 2023)

Giantplus Technology (TWSE:8105) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$1.91b (down 19% from 2Q 2023).
• Net loss: NT$64.5m (down by 199% from NT$65.1m profit in 2Q 2023).
• NT$0.15 loss per share (down from NT$0.15 profit in 2Q 2023).

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

Giantplus Technology Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan.

Performance of the Taiwanese Electronic industry.

The company's shares are down 11% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Giantplus Technology (of which 1 makes us a bit uncomfortable!) you should know about.

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