Zhejiang Zhaofeng Mechanical and ElectronicLtd Second Quarter 2024 Earnings: EPS: CN¥0.56 (vs CN¥0.73 in 2Q 2023)

Zhejiang Zhaofeng Mechanical and ElectronicLtd (SZSE:300695) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥173.3m (down 14% from 2Q 2023).
• Net income: CN¥40.2m (down 22% from 2Q 2023).
• Profit margin: 23% (down from 26% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.56 (down from CN¥0.73 in 2Q 2023).

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

Zhejiang Zhaofeng Mechanical and ElectronicLtd shares are up 7.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Zhejiang Zhaofeng Mechanical and ElectronicLtd you should be aware of.

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