Hangzhou Guotai Environmental Protection TechnologyLtd Second Quarter 2024 Earnings: EPS: CN¥0.47 (vs CN¥0.62 in 2Q 2023)

Simply Wall St · 08/30 23:17

Hangzhou Guotai Environmental Protection TechnologyLtd (SZSE:301203) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥86.7m (up 4.4% from 2Q 2023).
  • Net income: CN¥37.4m (down 25% from 2Q 2023).
  • Profit margin: 43% (down from 60% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.47 (down from CN¥0.62 in 2Q 2023).
earnings-and-revenue-history
SZSE:301203 Earnings and Revenue History August 30th 2024

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

Hangzhou Guotai Environmental Protection TechnologyLtd shares are up 1.1% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Hangzhou Guotai Environmental Protection TechnologyLtd, and understanding these should be part of your investment process.