Shang Gong Group Third Quarter 2024 Earnings: CN¥0.12 loss per share (vs CN¥0.014 profit in 3Q 2023)
Shang Gong Group (SHSE:600843) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.08b (up 14% from 3Q 2023).
- Net loss: CN¥84.7m (down from CN¥10.1m profit in 3Q 2023).
- CN¥0.12 loss per share (down from CN¥0.014 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shang Gong Group shares are up 55% from a week ago.
Risk Analysis
Be aware that Shang Gong Group is showing 2 warning signs in our investment analysis that you should know about...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SHSE:600843
Shang Gong Group
Engages in research and development, production, and sale of industrial and household sewing machines in China and internationally.
Mediocre balance sheet very low.
