Shandong Mining Machinery Group Third Quarter 2024 Earnings: EPS: CN¥0.011 (vs CN¥0.025 in 3Q 2023)

Simply Wall St · 10/25 22:59

Shandong Mining Machinery Group (SZSE:002526) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥541.9m (down 33% from 3Q 2023).
  • Net income: CN¥20.1m (down 56% from 3Q 2023).
  • Profit margin: 3.7% (down from 5.6% in 3Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.011 (down from CN¥0.025 in 3Q 2023).
earnings-and-revenue-history
SZSE:002526 Earnings and Revenue History October 25th 2024

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

Shandong Mining Machinery Group shares are up 11% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Shandong Mining Machinery Group you should be aware of, and 1 of them doesn't sit too well with us.