Darfon Electronics (TWSE:8163) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$5.35b (down 22% from 3Q 2023).
- Net income: NT$189.4m (down 82% from 3Q 2023).
- Profit margin: 3.5% (down from 16% in 3Q 2023).
- EPS: NT$0.68 (down from NT$3.86 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Darfon Electronics Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 36%.
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan.
Performance of the Taiwanese Tech industry.
The company's shares are down 4.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Darfon Electronics that you should be aware of.
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About TWSE:8163
Darfon Electronics
Provides eco-friendly technologies for IT peripherals, passive components, and green energy solutions.
Excellent balance sheet average dividend payer.
