BeijingABT NetworksLtd Third Quarter 2024 Earnings: CN¥0.27 loss per share (vs CN¥0.14 profit in 3Q 2023)

Simply Wall St · 6d ago

BeijingABT NetworksLtd (SHSE:688168) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥106.1m (down 17% from 3Q 2023).
  • Net loss: CN¥20.2m (down by 298% from CN¥10.2m profit in 3Q 2023).
  • CN¥0.27 loss per share (down from CN¥0.14 profit in 3Q 2023).
earnings-and-revenue-growth
SHSE:688168 Earnings and Revenue Growth October 25th 2024

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

BeijingABT NetworksLtd Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China.

Performance of the Chinese Software industry.

The company's shares are up 29% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with BeijingABT NetworksLtd (at least 1 which shouldn't be ignored), and understanding them should be part of your investment process.