Nien Made Enterprise (TWSE:8464) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$7.86b (up 14% from 3Q 2023).
- Net income: NT$1.77b (up 12% from 3Q 2023).
- Profit margin: 23% (in line with 3Q 2023).
- EPS: NT$6.04 (up from NT$5.41 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nien Made Enterprise EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%.
Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Durables industry in Taiwan.
Performance of the Taiwanese Consumer Durables industry.
The company’s shares are down 4.8% from a week ago.
Risk Analysis
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