China Master Logistics Third Quarter 2024 Earnings: EPS: CN¥0.20 (vs CN¥0.17 in 3Q 2023)

Simply Wall St · 10/25 23:47

China Master Logistics (SHSE:603967) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥3.59b (up 82% from 3Q 2023).
  • Net income: CN¥67.9m (up 16% from 3Q 2023).
  • Profit margin: 1.9% (down from 3.0% in 3Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.20 (up from CN¥0.17 in 3Q 2023).
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SHSE:603967 Earnings and Revenue Growth October 25th 2024

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

China Master Logistics Earnings Insights

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Logistics industry in China.

Performance of the Chinese Logistics industry.

The company's shares are up 1.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for China Master Logistics that you should be aware of.