BlueFocus Intelligent Communications Group Second Quarter 2024 Earnings: EPS: CN¥0.04 (vs CN¥0.055 in 2Q 2023)

BlueFocus Intelligent Communications Group (SZSE:300058) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥15.1b (up 23% from 2Q 2023).
• Net income: CN¥100.8m (down 26% from 2Q 2023).
• Profit margin: 0.7% (down from 1.1% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.04 (down from CN¥0.055 in 2Q 2023).

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

BlueFocus Intelligent Communications Group Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Media industry in China.

Performance of the Chinese Media industry.

The company's shares are up 5.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of BlueFocus Intelligent Communications Group's balance sheet and an in-depth analysis of the company's financial position.

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