Nanjing Develop Advanced Manufacturing Second Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.26 in 2Q 2023)

Simply Wall St · 08/30 22:11

Nanjing Develop Advanced Manufacturing (SHSE:688377) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥276.6m (down 16% from 2Q 2023).
  • Net income: CN¥27.3m (down 46% from 2Q 2023).
  • Profit margin: 9.9% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.14 (down from CN¥0.26 in 2Q 2023).
earnings-and-revenue-history
SHSE:688377 Earnings and Revenue History August 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nanjing Develop Advanced Manufacturing shares are up 14% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Nanjing Develop Advanced Manufacturing that you need to take into consideration.