Samsung Electro-Mechanics Co Ltd (XKRX:009150)
â‚© 131200 -4100 (-3.13%) Market Cap: 9.71 Til Enterprise Value: 9.49 Til PE Ratio: 18.64 PB Ratio: 1.15 GF Score: 92/100

Q3 2024 Samsung Electro-Mechanics Co Ltd Earnings Call Transcript

Oct 29, 2024 / 04:30AM GMT
Release Date Price: â‚©120200 (-0.83%)
Taiyoung Kim
Samsung Electro-Mechanics Co Ltd - Head of Investor Relations & Planning

Good afternoon. This is Taiyoung Kim, head of IR and Planning Team at Samsung Electro-Mechanics. Thank you for joining our 2024 Q3 earnings conference call. On today's call, I am joined by our CFO Sung Jin Kim; EVP Won Taek Kim, Head of Strategic Marketing; VP [Jun Taek Park], Head of Support Team Component Division; [Sung Jin Kim], Head of Support Team Optics and Communication Solution Division; and VP [Hong Jin Kim], Head of Support Team Package Solution Division.

We will start with a presentation on our Q3 company level and divisional business results followed by market trends and outlook by product before taking your questions. First, let's go to our 2024 Q3 results.

In Q3, our financial results continued an upward trend, both QoQ and YoY despite some challenges posed externally including slowdown of demand in key downstream industries and a stronger Korean won. Q3 revenue was KRW2,615.3 billion, an approximately 2% increase QoQ and 11% increase YoY. The details regarding revenue increase,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot