Elegant Home-Tech Second Quarter 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.061 in 2Q 2023)
Elegant Home-Tech (SHSE:603221) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥287.5m (up 3.2% from 2Q 2023).
- Net income: CN¥36.7m (up 161% from 2Q 2023).
- Profit margin: 13% (up from 5.0% in 2Q 2023). The increase in margin was primarily driven by lower expenses.
- EPS: CN¥0.15 (up from CN¥0.061 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Elegant Home-Tech shares are down 1.6% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Elegant Home-Tech (1 is a bit unpleasant!) that you should be aware of before investing here.
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About SHSE:603221
Elegant Home-Tech
Engages in the research and development, production, and sales of polyvinyl chloride (PVC) elastic floorings in China and internationally.
Flawless balance sheet second-rate dividend payer.