Avicopter Third Quarter 2024 Earnings: EPS: CN¥0.076 (vs CN¥0.25 in 3Q 2023)

Avicopter (SHSE:600038) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥9.13b (up 55% from 3Q 2023).
• Net income: CN¥59.8m (down 67% from 3Q 2023).
• Profit margin: 0.7% (down from 3.1% in 3Q 2023).
• EPS: CN¥0.076 (down from CN¥0.25 in 3Q 2023).

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

Avicopter Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Aerospace & Defense industry in China.

Performance of the Chinese Aerospace & Defense industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Avicopter.

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