GRG Metrology & Test Group Third Quarter 2024 Earnings: EPS: CN¥0.19 (vs CN¥0.14 in 3Q 2023)

Simply Wall St · 10/26 00:12

GRG Metrology & Test Group (SZSE:002967) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥816.0m (up 11% from 3Q 2023).
  • Net income: CN¥109.1m (up 50% from 3Q 2023).
  • Profit margin: 13% (up from 9.9% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.19 (up from CN¥0.14 in 3Q 2023).
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SZSE:002967 Earnings and Revenue History October 26th 2024

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

GRG Metrology & Test Group Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Professional Services industry in China.

Performance of the Chinese Professional Services industry.

The company's shares are up 10% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for GRG Metrology & Test Group that we have uncovered.