Tianjin Jieqiang Power EquipmentLtd Second Quarter 2024 Earnings: EPS: CN¥0.045 (vs CN¥0.074 loss in 2Q 2023)

Simply Wall St · 08/30 23:22

Tianjin Jieqiang Power EquipmentLtd (SZSE:300875) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥83.7m (up 23% from 2Q 2023).
  • Net income: CN¥6.90m (up from CN¥6.80m loss in 2Q 2023).
  • Profit margin: 8.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
  • EPS: CN¥0.045 (up from CN¥0.074 loss in 2Q 2023).
earnings-and-revenue-history
SZSE:300875 Earnings and Revenue History August 30th 2024

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

Tianjin Jieqiang Power EquipmentLtd shares are up 5.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Tianjin Jieqiang Power EquipmentLtd has 2 warning signs we think you should be aware of.