Nanjing Chervon Auto Precision Technology Third Quarter 2024 Earnings: CN¥0.48 loss per share (vs CN¥0.55 loss in 3Q 2023)

Nanjing Chervon Auto Precision Technology (SHSE:603982) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥544.2m (down 4.2% from 3Q 2023).
• Net loss: CN¥126.5m (loss narrowed by 13% from 3Q 2023).
• CN¥0.48 loss per share (improved from CN¥0.55 loss in 3Q 2023).

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

Nanjing Chervon Auto Precision Technology shares are up 1.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Nanjing Chervon Auto Precision Technology that you need to be mindful of.

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