Zhejiang Zhongxin Fluoride MaterialsLtd Third Quarter 2024 Earnings: CN¥0.061 loss per share (vs CN¥0.14 loss in 3Q 2023)

Simply Wall St · 10/18 22:34

Zhejiang Zhongxin Fluoride MaterialsLtd (SZSE:002915) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥381.9m (up 15% from 3Q 2023).
  • Net loss: CN¥19.9m (loss narrowed by 56% from 3Q 2023).
  • CN¥0.061 loss per share (improved from CN¥0.14 loss in 3Q 2023).
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SZSE:002915 Earnings and Revenue Growth October 18th 2024

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

Zhejiang Zhongxin Fluoride MaterialsLtd Earnings Insights

Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are up 1.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Zhejiang Zhongxin Fluoride MaterialsLtd that you need to be mindful of.