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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.