Shanghai Material Trading Third Quarter 2024 Earnings: EPS: CN¥0.038 (vs CN¥0.057 loss in 3Q 2023)

Shanghai Material Trading (SHSE:600822) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.83b (down 13% from 3Q 2023).
• Net income: CN¥18.7m (up from CN¥28.3m loss in 3Q 2023).
• Profit margin: 1.0% (up from net loss in 3Q 2023).
• EPS: CN¥0.038 (up from CN¥0.057 loss in 3Q 2023).

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

Shanghai Material Trading shares are up 7.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Shanghai Material Trading (1 is potentially serious!) that we have uncovered.

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