Wuxi Huadong Heavy Machinery Second Quarter 2024 Earnings: EPS: CN¥0.006 (vs CN¥0.07 loss in 2Q 2023)

Simply Wall St · 08/31 00:36

Wuxi Huadong Heavy Machinery (SZSE:002685) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥404.8m (up 259% from 2Q 2023).
  • Net income: CN¥6.29m (up from CN¥70.6m loss in 2Q 2023).
  • Profit margin: 1.6% (up from net loss in 2Q 2023).
  • EPS: CN¥0.006 (up from CN¥0.07 loss in 2Q 2023).
earnings-and-revenue-history
SZSE:002685 Earnings and Revenue History August 31st 2024

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

Wuxi Huadong Heavy Machinery shares are up 12% 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 Wuxi Huadong Heavy Machinery, and understanding them should be part of your investment process.