Hangzhou Freely Communication Third Quarter 2024 Earnings: EPS: CN¥0.075 (vs CN¥0.086 in 3Q 2023)

Hangzhou Freely Communication (SHSE:603602) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥432.8m (up 24% from 3Q 2023).
• Net income: CN¥13.1m (down 21% from 3Q 2023).
• Profit margin: 3.0% (down from 4.7% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.075 (down from CN¥0.086 in 3Q 2023).

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

Hangzhou Freely Communication shares are up 2.5% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Hangzhou Freely Communication (at least 2 which shouldn't be ignored), and understanding these should be part of your investment process.

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