Shandong Swan CottonIndustrial Machinery StockLtd Third Quarter 2024 Earnings: EPS: CN¥0.22 (vs CN¥0.24 in 3Q 2023)

Shandong Swan CottonIndustrial Machinery StockLtd (SHSE:603029) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥167.8m (down 10% from 3Q 2023).
• Net income: CN¥25.5m (flat on 3Q 2023).
• Profit margin: 15% (up from 14% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.22 (down from CN¥0.24 in 3Q 2023).

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

Shandong Swan CottonIndustrial Machinery StockLtd shares are up 2.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Shandong Swan CottonIndustrial Machinery StockLtd (1 is a bit unpleasant!) that we have uncovered.

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