Zhejiang VIE Science & Technology Second Quarter 2024 Earnings: EPS: CN¥0.17 (vs CN¥0.35 in 2Q 2023)

Simply Wall St · 09/01 00:57

Zhejiang VIE Science & Technology (SZSE:002590) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.07b (up 11% from 2Q 2023).
  • Net income: CN¥67.7m (down 60% from 2Q 2023).
  • Profit margin: 6.3% (down from 18% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.17 (down from CN¥0.35 in 2Q 2023).
earnings-and-revenue-history
SZSE:002590 Earnings and Revenue History September 1st 2024

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

Zhejiang VIE Science & Technology shares are up 2.8% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Zhejiang VIE Science & Technology's balance sheet.