Fujian Green Pine Second Quarter 2024 Earnings: EPS: CN¥0.026 (vs CN¥0.026 loss in 2Q 2023)

Simply Wall St · 08/30 22:40

Fujian Green Pine (SZSE:300132) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥477.9m (down 9.3% from 2Q 2023).
  • Net income: CN¥12.9m (up from CN¥13.6m loss in 2Q 2023).
  • Profit margin: 2.7% (up from net loss in 2Q 2023).
  • EPS: CN¥0.026 (up from CN¥0.026 loss in 2Q 2023).
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SZSE:300132 Earnings and Revenue Growth August 30th 2024

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

Fujian Green Pine Earnings Insights

Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Fujian Green Pine that you need to be mindful of.