Lanzhou LS Heavy Equipment Full Year 2024 Earnings: Misses Expectations

Lanzhou LS Heavy Equipment (SHSE:603169) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥5.79b (up 12% from FY 2023).
• Net income: CN¥156.2m (up 1.6% from FY 2023).
• Profit margin: 2.7% (down from 3.0% in FY 2023).
• EPS: CN¥0.12 (up from CN¥0.12 in FY 2023).

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

Lanzhou LS Heavy Equipment Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 8.0%.

The company's shares are up 9.8% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Lanzhou LS Heavy Equipment (including 1 which doesn't sit too well with us).

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