Guangzhou Frontop Digital Creative Technology Second Quarter 2024 Earnings: CN¥0.32 loss per share (vs CN¥0.15 loss in 2Q 2023)

Simply Wall St · 09/01 00:37

Guangzhou Frontop Digital Creative Technology (SZSE:301313) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥131.8m (up 13% from 2Q 2023).
  • Net loss: CN¥33.4m (loss widened by 119% from 2Q 2023).
  • CN¥0.32 loss per share (further deteriorated from CN¥0.15 loss in 2Q 2023).
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SZSE:301313 Earnings and Revenue Growth September 1st 2024

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

Guangzhou Frontop Digital Creative Technology Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Media industry in China.

Performance of the Chinese Media industry.

The company's shares are down 2.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Guangzhou Frontop Digital Creative Technology has 2 warning signs (and 1 which is significant) we think you should know about.