Fujian South Highway Machinery Second Quarter 2024 Earnings: EPS: CN¥0.55 (vs CN¥0.53 in 2Q 2023)

Simply Wall St · 08/30 22:47

Fujian South Highway Machinery (SHSE:603280) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥409.8m (flat on 2Q 2023).
  • Net income: CN¥59.7m (up 6.4% from 2Q 2023).
  • Profit margin: 15% (in line with 2Q 2023).
  • EPS: CN¥0.55 (up from CN¥0.53 in 2Q 2023).
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SHSE:603280 Earnings and Revenue Growth August 30th 2024

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

Fujian South Highway Machinery Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's shares are up 3.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Fujian South Highway Machinery that we have uncovered.