Guangdong Yantang Dairy Second Quarter 2024 Earnings: EPS: CN¥0.27 (vs CN¥0.44 in 2Q 2023)

Simply Wall St · 09/01 00:56

Guangdong Yantang Dairy (SZSE:002732) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥473.6m (down 11% from 2Q 2023).
  • Net income: CN¥40.1m (down 43% from 2Q 2023).
  • Profit margin: 8.5% (down from 13% in 2Q 2023).
  • EPS: CN¥0.27 (down from CN¥0.44 in 2Q 2023).
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SZSE:002732 Earnings and Revenue Growth September 1st 2024

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

Guangdong Yantang Dairy Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Food industry in China.

Performance of the Chinese Food industry.

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

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Guangdong Yantang Dairy that you need to be mindful of.