DR Second Quarter 2024 Earnings: EPS: CN¥0.008 (vs CN¥0.11 loss in 2Q 2023)

Simply Wall St · 09/01 00:15

DR (SZSE:301177) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥352.1m (down 34% from 2Q 2023).
  • Net income: CN¥3.35m (up from CN¥47.5m loss in 2Q 2023).
  • Profit margin: 1.0% (up from net loss in 2Q 2023).
  • EPS: CN¥0.008 (up from CN¥0.11 loss in 2Q 2023).
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SZSE:301177 Earnings and Revenue Growth September 1st 2024

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

DR Earnings Insights

Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China.

Performance of the Chinese Luxury industry.

The company's shares are up 8.4% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with DR (including 1 which makes us a bit uncomfortable).