Proya CosmeticsLtd Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St · 10/26 00:39

Proya CosmeticsLtd (SHSE:603605) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.96b (up 21% from 3Q 2023).
  • Net income: CN¥297.5m (up 21% from 3Q 2023).
  • Profit margin: 15% (in line with 3Q 2023).
  • EPS: CN¥0.75 (up from CN¥0.62 in 3Q 2023).
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SHSE:603605 Earnings and Revenue Growth October 26th 2024

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

Proya CosmeticsLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Personal Products industry in China.

Performance of the Chinese Personal Products industry.

The company's shares are down 2.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Proya CosmeticsLtd that you need to be mindful of.