Earnings Alerts

Analyzing SK Biopharmaceuticals (326030) Earnings: Impressive 1Q Operating Profit and Sales Figures Unveiled

  • SK Biopharma recorded an operating profit of 10.30 billion won in the first quarter of 2024.
  • The net profit stood at 12.83 billion won in the same period.
  • The company’s sales were reported at 113.98 billion won for the first quarter.
  • 15 analysts recommend buying SK Biopharma shares, 2 uphold holds, while 2 suggest selling.

SK Biopharmaceuticals on Smartkarma

Analyst coverage on SK Biopharmaceuticals by Tina Banerjee on Smartkarma reveals a bullish sentiment following the company’s impressive performance. With Xcopri sales reaching an all-time high in 3Q23 and operating loss narrowing, SK Biopharmaceuticals (326030 KS) is on a positive trajectory. The company reported significant growth in Xcopri U.S. revenue, driven by an increase in new patients using the drug. Despite a widened operating loss from the previous year attributed to higher operating costs, SK Biopharmaceuticals is expected to deliver a profitable Q4 and potentially achieve blockbuster revenue status in the U.S. by 2029.


A look at SK Biopharmaceuticals Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience4
Momentum2
OVERALL SMART SCORE2.8

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

SK Biopharmaceuticals Co., Ltd., a company specializing in researching and developing innovative drugs, is poised for a promising long-term outlook according to Smartkarma Smart Scores. With a stellar Growth score of 5, the company demonstrates a strong potential for expansion and development in the pharmaceutical industry. Additionally, SK Biopharmaceuticals showcases resilience with a score of 4, indicating a robust ability to adapt and endure market fluctuations, ensuring stability in the long run.

Although SK Biopharmaceuticals may not currently offer significant dividends with a score of 1, the company’s overall outlook remains positive. With a focus on value and momentum standing at 2 each, SK Biopharmaceuticals continues to be a key player in the market for brain disorders treatment drugs, central nervous system disorders treatment drugs, and other innovative pharmaceutical products, affirming its global presence and potential growth opportunities.


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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