Qingdao Hi-Tech Moulds & Plastics Technology Third Quarter 2024 Earnings: EPS: CN¥0.28 (vs CN¥0.049 loss in 3Q 2023)

Qingdao Hi-Tech Moulds & Plastics Technology (SZSE:301022) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥199.9m (up 34% from 3Q 2023).
• Net income: CN¥23.2m (up from CN¥4.09m loss in 3Q 2023).
• Profit margin: 12% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: CN¥0.28 (up from CN¥0.049 loss in 3Q 2023).

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

Qingdao Hi-Tech Moulds & Plastics Technology shares are up 7.4% from a week ago.

Risk Analysis

Be aware that Qingdao Hi-Tech Moulds & Plastics Technology is showing 3 warning signs in our investment analysis and 2 of those shouldn't be ignored...

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