Wuhan Kotei InformaticsLtd Reports Third Quarter 2024 Earnings

Simply Wall St · 6d ago

Wuhan Kotei InformaticsLtd (SZSE:301221) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥124.7m (up 4.1% from 3Q 2023).
  • Net income: CN¥24.4m (up from CN¥6.87m loss in 3Q 2023).
  • Profit margin: 20% (up from net loss in 3Q 2023).
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SZSE:301221 Earnings and Revenue Growth October 26th 2024

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

Wuhan Kotei InformaticsLtd Earnings Insights

Looking ahead, revenue is forecast to grow 15% 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 2.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Wuhan Kotei InformaticsLtd that we have uncovered.