Top Resource Energy Third Quarter 2024 Earnings: EPS: CN¥0.038 (vs CN¥0.077 in 3Q 2023)

Simply Wall St · 10/26 00:03

Top Resource Energy (SZSE:300332) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.01b (down 10% from 3Q 2023).
  • Net income: CN¥30.0m (down 55% from 3Q 2023).
  • Profit margin: 3.0% (down from 6.0% in 3Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.038 (down from CN¥0.077 in 3Q 2023).
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SZSE:300332 Earnings and Revenue Growth October 26th 2024

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

Top Resource Energy Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Gas Utilities industry in China.

Performance of the Chinese Gas Utilities industry.

The company's shares are up 3.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Top Resource Energy that we have uncovered.