Accton Technology (TWSE:2345) 2023 full year results
Main financial results
- Sales: NT$84.2 billion (9.0% increase compared to FY2022).
- Net profit: NT$8.92 billion (9.2% increase compared to FY2022).
- Profit rate: 11% (compared to FY2022)
- EPS: NT$15.99 (up from NT$14.64 in FY2022).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Accton Technology EPS disappoints
Sales were in line with analyst forecasts. Earnings per share (EPS) was 4.5% below analyst expectations.
Looking ahead, revenue is expected to increase by an average of 15% per year over the next three years, compared to a growth forecast of 14% for Taiwan's telecom industry.
performance of Taiwan's telecommunications industry.
The company's stock price has fallen 2.6% from the previous week.
balance sheet analysis
Although considering the income statement is very important, you can also learn a lot about a company by looking at the balance sheet.look Our latest analysis of Accton Technology's balance sheet strength.
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