Milkyway Chemical Supply Chain ServiceLtd Third Quarter 2024 Earnings: EPS: CN¥1.09 (vs CN¥0.91 in 3Q 2023)

Simply Wall St · 10/17 22:18

Milkyway Chemical Supply Chain ServiceLtd (SHSE:603713) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥3.56b (up 15% from 3Q 2023).
  • Net income: CN¥179.2m (up 20% from 3Q 2023).
  • Profit margin: 5.0% (up from 4.8% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥1.09 (up from CN¥0.91 in 3Q 2023).
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SHSE:603713 Earnings and Revenue Growth October 17th 2024

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

Milkyway Chemical Supply Chain ServiceLtd Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Logistics industry in China.

Performance of the Chinese Logistics industry.

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

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Milkyway Chemical Supply Chain ServiceLtd you should be aware of, and 1 of them shouldn't be ignored.