Hangzhou Fortune Gas Cryogenic Group Third Quarter 2024 Earnings: EPS: CN¥0.65 (vs CN¥0.30 in 3Q 2023)

Hangzhou Fortune Gas Cryogenic Group (SHSE:603173) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥744.2m (up 34% from 3Q 2023).
• Net income: CN¥103.1m (up 114% from 3Q 2023).
• Profit margin: 14% (up from 8.7% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.65 (up from CN¥0.30 in 3Q 2023).

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

Hangzhou Fortune Gas Cryogenic Group shares are up 27% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Hangzhou Fortune Gas Cryogenic Group, and understanding it should be part of your investment process.

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