- Operating profit for S-Oil in Q2 2024 was 160.65 billion won.
- This is an increase from 36.42 billion won in the same quarter last year.
- However, it missed the estimate of 197.17 billion won.
- The company reported a net loss of 21.34 billion won.
- This net loss is a 4.9% decline from the previous year’s net loss.
- Analysts had expected a net profit of 105.18 billion won instead.
- Sales for this quarter were 9.57 trillion won.
- This is a notable 22% increase from the same period last year.
- The sales figure was just shy of the estimate of 9.62 trillion won.
- Analyst ratings are strong with 23 buys, 2 holds, and no sells.
A look at S Oil Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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
Analysts utilizing Smartkarma Smart Scores have provided a positive long-term outlook for S Oil Corp based on its strong scores across key factors. With elevated scores of 4 in Value, Dividend, and Growth, S Oil Corp demonstrates solid fundamentals and growth potential in the market. Additionally, the company scored a respectable 3 in Resilience and Momentum, indicating stability in challenging market conditions and a steady operational performance.
S Oil Corp, a company specializing in petroleum refining and related products, is well-positioned for sustained success based on its favorable Smart Scores. Focusing on gasoline, bunker oil, kerosene, and other key products, the company’s robust Value, Dividend, and Growth scores highlight its potential for future profitability and shareholder returns. While facing moderate scores in Resilience and Momentum, S Oil Corp‘s core business model and product offerings reflect a promising outlook in the competitive energy sector.
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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