Yindu Kitchen Equipment Second Quarter 2024 Earnings: EPS: CN¥0.44 (vs CN¥0.40 in 2Q 2023)

Simply Wall St · 09/01 01:08

Yindu Kitchen Equipment (SHSE:603277) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥735.4m (flat on 2Q 2023).
  • Net income: CN¥182.1m (up 6.1% from 2Q 2023).
  • Profit margin: 25% (up from 23% in 2Q 2023).
  • EPS: CN¥0.44 (up from CN¥0.40 in 2Q 2023).
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SHSE:603277 Earnings and Revenue Growth September 1st 2024

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

Yindu Kitchen Equipment Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Yindu Kitchen Equipment you should know about.