Zhejiang Meili High Technology Second Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.051 in 2Q 2023)

Zhejiang Meili High Technology (SZSE:300611) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥416.1m (up 26% from 2Q 2023).
• Net income: CN¥30.6m (up 205% from 2Q 2023).
• Profit margin: 7.4% (up from 3.0% in 2Q 2023).
• EPS: CN¥0.14 (up from CN¥0.051 in 2Q 2023).

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

Zhejiang Meili High Technology shares are up 2.1% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Zhejiang Meili High Technology (at least 2 which don't sit too well with us), and understanding these should be part of your investment process.

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