Earnings Alerts

Far Eastone Telecomm (4904) Earnings: September Sales Surge 6.3% Year-Over-Year

By October 11, 2024 No Comments
  • Far EasTone reported sales of NT$9.12 billion for September 2024.
  • This represents a year-over-year increase of 6.3% compared to September 2023 when the sales were NT$8.58 billion.
  • The company’s sales growth percentage for September 2024 is specifically recorded as 6.32%.
  • In terms of market analyst ratings, there are 4 buy recommendations for Far EasTone.
  • Additionally, there are 2 hold recommendations and no sell recommendations for the company.

A look at Far Eastone Telecomm Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Far Eastone Telecomm, a provider of mobile communication and Internet access services, is showing a promising long-term outlook based on the Smartkarma Smart Scores. With strong ratings in Growth and Dividend factors, indicating a positive trajectory in terms of expansion and shareholder returns, the company seems well-positioned for future success. Additionally, its high Momentum score suggests a favorable market sentiment and potential for continued growth.

Although Far Eastone Telecomm scored lower in Value and Resilience factors, indicating room for improvement in terms of financial health and ability to withstand market challenges, its overall outlook appears positive. Investors may find this company an attractive option due to its solid Growth and Dividend scores, underscoring its potential for long-term sustainability and profitability in the telecommunications sector.

Summary: Far EasTone Telecommunications Co., Ltd. provides mobile communication and Internet access services. The Company also sells cellular phones and related equipment.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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