Foxconn Industrial Internet Co. Ltd._ 2024 preliminary net income up 10% YoY
2025-02-28 05:14
February 23, 2025 08:06 PM GMT 2024 preliminary net income up 10% YoY Foxconn Industrial Internet Co. Ltd. | Asia Pacific Reaction to earnings Unchanged In-line Largely unchanged Impact to our investment thesis Financial results versus consensus Impact to next 12-month consensus EPS Source: Company data, Morgan Stanley Research FII announced preliminary 2024 revenue of Rmb609.1bn (+27.9% YoY) and net income of Rmb23.2bn (+10.3% YoY). This implies 4Q24 revenue of Rmb172.8bn (+1% QoQ, +17% YoY) and net income ...