Neochim AD Reports Second Quarter 2024 Earnings

Neochim AD (BUL:NEOH) Second Quarter 2024 Results

Key Financial Results

• Revenue: лв77.8m (up 100% from 2Q 2023).
• Net income: лв8.51m (up from лв13.8m loss in 2Q 2023).
• Profit margin: 11% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.

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

Neochim AD's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Neochim AD has 3 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

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