Traffic Control Technology Second Quarter 2024 Earnings: EPS: CN¥0.042 (vs CN¥0.13 in 2Q 2023)

Simply Wall St · 09/01 02:03

Traffic Control Technology (SHSE:688015) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥453.5m (down 1.3% from 2Q 2023).
  • Net income: CN¥8.55m (down 60% from 2Q 2023).
  • Profit margin: 1.9% (down from 4.6% in 2Q 2023).
  • EPS: CN¥0.042 (down from CN¥0.13 in 2Q 2023).
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SHSE:688015 Earnings and Revenue Growth September 1st 2024

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

Traffic Control Technology Earnings Insights

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are up 2.7% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Traffic Control Technology that you should be aware of before investing here.