Posiflex Technology (TWSE:8114) Full Year 2023 Results
Main financial results
- Revenue: NT$9.87 billion (down 18% from FY2022).
- Net profit: NT$419.6 million (down 50% from FY2022).
- Profit margin: 4.3% (down from 7.1% in FY2022). The decrease in margin was due to a decrease in revenue.
- EPS: NT$5.55 (down from NT$11.25 in FY2022).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Posiflex Technology EPS Disappoints
Sales were in line with analyst forecasts. Earnings per share (EPS) were 22% lower than analysts expected.
Looking ahead, revenue is expected to increase by an average of 10% per year over the next two years, compared to a growth forecast of 11% for Taiwan's electronics industry.
performance of Taiwan's electronic industry.
The company's stock fell 1.7% from the previous week.
risk analysis
Before I summarize, I discovered the following: 2 Warning Signs for Posiflex Technology What you need to know.
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