Wecome Intelligent Manufacturing Third Quarter 2024 Earnings: EPS: CN¥0.068 (vs CN¥0.14 in 3Q 2023)

Wecome Intelligent Manufacturing (SHSE:603070) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥550.2m (down 15% from 3Q 2023).
• Net income: CN¥29.0m (down 48% from 3Q 2023).
• Profit margin: 5.3% (down from 8.6% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.068 (down from CN¥0.14 in 3Q 2023).

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

Wecome Intelligent Manufacturing shares are down 1.1% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Wecome Intelligent Manufacturing (including 1 which doesn't sit too well with us).

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