Taiwan Printed Circuit Board TechvestLtd Third Quarter 2024 Earnings: Misses Expectations

Taiwan Printed Circuit Board TechvestLtd (TWSE:8213) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$4.65b (down 10.0% from 3Q 2023).
• Net income: NT$200.0m (down 33% from 3Q 2023).
• Profit margin: 4.3% (down from 5.8% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: NT$0.74 (down from NT$1.10 in 3Q 2023).

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

Taiwan Printed Circuit Board TechvestLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 32%.

Looking ahead, revenue is forecast to grow 11% 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

You should always think about risks. Case in point, we've spotted 1 warning sign for Taiwan Printed Circuit Board TechvestLtd you should be aware of.

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