Eastroc Beverage(Group) Second Quarter 2024 Earnings: EPS: CN¥2.67 (vs CN¥1.53 in 2Q 2023)

Simply Wall St · 09/01 00:24

Eastroc Beverage(Group) (SHSE:605499) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥4.39b (up 48% from 2Q 2023).
  • Net income: CN¥1.07b (up 75% from 2Q 2023).
  • Profit margin: 24% (up from 21% in 2Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥2.67 (up from CN¥1.53 in 2Q 2023).
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SHSE:605499 Earnings and Revenue Growth September 1st 2024

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

Eastroc Beverage(Group) Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Beverage industry in China.

Performance of the Chinese Beverage industry.

The company's shares are down 3.1% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Eastroc Beverage(Group).