Chaozhou Three-Circle (Group)Ltd Second Quarter 2024 Earnings: EPS: CN¥0.31 (vs CN¥0.21 in 2Q 2023)

Simply Wall St · 08/30 23:14

Chaozhou Three-Circle (Group)Ltd (SZSE:300408) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.86b (up 29% from 2Q 2023).
  • Net income: CN¥592.6m (up 44% from 2Q 2023).
  • Profit margin: 32% (up from 29% in 2Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.31 (up from CN¥0.21 in 2Q 2023).
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SZSE:300408 Earnings and Revenue Growth August 30th 2024

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

Chaozhou Three-Circle (Group)Ltd Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are up 4.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Chaozhou Three-Circle (Group)Ltd you should know about.