Powertech Technology (TWSE:6239) 2023 full year results

Main financial results

  • Revenue: NT$70.4 billion (down 16% from FY2022).
  • Net profit: NT$8.01 billion (down 7.8% from FY2022).
  • Profit margin: 11% (up from 10% in FY2022).
  • EPS: NT$10.72 (down from NT$11.60 in FY2022).
TWSE:6239 Earnings and Revenue Growth March 11, 2024

All numbers shown in the chart above are for the trailing 12 month (TTM) period.

Powertech technology EPS exceeds expectations

Sales were in line with analyst forecasts. Earnings per share (EPS) exceeded analyst expectations by 1.1%.

Looking ahead, revenue is expected to increase by an average of 13% per year over the next two years, compared to a growth forecast of 14% for Taiwan's semiconductor industry.

performance of Taiwan's semiconductor industry.

The company's stock price rose 9.9% from the previous week.

risk analysis

Remember, there may still be risks. For example, we identified 2 warning signs for Powertech Technology What you need to know.

Valuation is complex, but we help make it simple.

Check out our comprehensive analysis, including below, to see if Powertech Technology is potentially overvalued or undervalued. Fair value estimates, risks and caveats, dividends, insider trading, and financial health.

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

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