Quang Viet Enterprise (TWSE:4438) Full Year 2023 Results
Key Financial Results
- Revenue: NT$16.6b (down 18% from FY 2022).
- Net income: NT$734.2m (down 38% from FY 2022).
- Profit margin: 4.4% (down from 5.9% in FY 2022). The decrease in margin was driven by lower revenue.
- EPS: NT$7.10 (down from NT$11.38 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Quang Viet Enterprise Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 40%.
Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Luxury industry in Taiwan.
Performance of the Taiwanese Luxury industry.
The company’s share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Quang Viet Enterprise is showing 1 warning sign in our investment analysis that you should know about…
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