Qingdao Yunlu Advanced Materials Technology Second Quarter 2024 Earnings: EPS: CN¥0.76 (vs CN¥0.69 in 2Q 2023)

Simply Wall St · 09/01 01:50

Qingdao Yunlu Advanced Materials Technology (SHSE:688190) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥467.8m (up 10% from 2Q 2023).
  • Net income: CN¥91.3m (up 11% from 2Q 2023).
  • Profit margin: 20% (in line with 2Q 2023).
  • EPS: CN¥0.76 (up from CN¥0.69 in 2Q 2023).
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SHSE:688190 Earnings and Revenue Growth September 1st 2024

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

Qingdao Yunlu Advanced Materials Technology Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are up 8.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Qingdao Yunlu Advanced Materials Technology that you should be aware of.