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SK Square reports first quarter 2024 earnings

SK Square (KRX:402340) First Quarter 2024 Results

Key financial results

  • Revenue: 498.3 billion yen (an increase of 487.1 billion yen compared to Q1 2023).
  • Net profit: 333.3 billion yen (compared to a loss of 598.3 billion yen in Q1 2023).
  • Profit margin: 67% (increase from net loss in Q1 2023).
KOSE:A402340 Earnings and revenue growth May 22, 2024

All data shown in the chart above is for a 12-month (TTM) period.

SK Square earnings statistics

Looking ahead, revenues are forecast to grow at an average of 11% annually over the next 3 years, compared to a growth forecast for South Korea’s industrial industry of 6.6%.

Efficiency South Korean industrial industry.

The company’s shares increased by 3.8% compared to the week.

Risk assessment

Don’t forget that there may still be risks. For example, we identified 1 warning sign for Plac SK what you should know.

Pricing is complex, but we help simplify it.

Find out whether SK Square is potentially overvalued or undervalued by checking out our comprehensive analysis that covers fair value estimates, risks and warnings, dividends, insider transactions and financial condition.

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This article by Simply Wall St is of a general nature. We comment based on historical data and analyst forecasts, using only an unbiased methodology, and our articles are not intended to provide financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide long-term, focused analysis based on fundamental data. Please note that our analysis may not reflect the latest price-sensitive company announcements or qualitative content. Simply Wall St has no position in any of the stocks mentioned.