Pangang Group Vanadium & Titanium Resources Third Quarter 2024 Earnings: EPS: CN¥0.005 (vs CN¥0.028 in 3Q 2023)

Simply Wall St · 10/18 22:18

Pangang Group Vanadium & Titanium Resources (SZSE:000629) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥3.32b (down 6.0% from 3Q 2023).
  • Net income: CN¥45.9m (down 83% from 3Q 2023).
  • Profit margin: 1.4% (down from 7.5% in 3Q 2023).
  • EPS: CN¥0.005 (down from CN¥0.028 in 3Q 2023).
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SZSE:000629 Earnings and Revenue Growth October 18th 2024

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

Pangang Group Vanadium & Titanium Resources Earnings Insights

Looking ahead, revenue is forecast to grow 7.5% 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 share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Pangang Group Vanadium & Titanium Resources that you should be aware of before investing here.