Lungteh Shipbuilding: Revenue up 4% but net income down 25% year-over-year; gross margin at 20%

About this update from Lungteh Shipbuilding Co. Ltd.

Revenue grew 4% year-over-year to NT$3,544.8 million for the nine months ended September 30, 2024, while net income declined 25% to NT$424.1 million. Gross margin fell to 20% amid higher costs, and the backlog remains strong at NT$7,635.1 million.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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