YONFER Agricultural Technology Third Quarter 2024 Earnings: EPS: CN¥0.30 (vs CN¥0.24 in 3Q 2023)

Simply Wall St · 10/18 22:47

YONFER Agricultural Technology (SZSE:000902) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥3.95b (up 2.9% from 3Q 2023).
  • Net income: CN¥375.2m (up 25% from 3Q 2023).
  • Profit margin: 9.5% (up from 7.8% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.30 (up from CN¥0.24 in 3Q 2023).
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SZSE:000902 Earnings and Revenue Growth October 18th 2024

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

YONFER Agricultural Technology Earnings Insights

Looking ahead, revenue is forecast to grow 9.6% 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 share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with YONFER Agricultural Technology.