Tianjin LVYIN Landscape and Ecology Construction Second Quarter 2024 Earnings: EPS: CN¥0.013 (vs CN¥0.057 in 2Q 2023)

Simply Wall St · 09/01 02:22

Tianjin LVYIN Landscape and Ecology Construction (SZSE:002887) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥85.3m (down 1.3% from 2Q 2023).
  • Net income: CN¥3.88m (down 79% from 2Q 2023).
  • Profit margin: 4.5% (down from 21% in 2Q 2023). The decrease in margin was primarily driven by higher expenses.
  • EPS: CN¥0.013 (down from CN¥0.057 in 2Q 2023).
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SZSE:002887 Earnings and Revenue Growth September 1st 2024

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

Tianjin LVYIN Landscape and Ecology Construction Earnings Insights

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Construction industry in China.

Performance of the Chinese Construction industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Tianjin LVYIN Landscape and Ecology Construction that you should be aware of.