China Railway Construction Heavy Industry Third Quarter 2024 Earnings: EPS: CN¥0.052 (vs CN¥0.038 in 3Q 2023)

China Railway Construction Heavy Industry (SHSE:688425) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥2.00b (up 9.0% from 3Q 2023).
• Net income: CN¥306.5m (up 61% from 3Q 2023).
• Profit margin: 15% (up from 10% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.052 (up from CN¥0.038 in 3Q 2023).

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

China Railway Construction Heavy Industry Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's shares are up 4.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for China Railway Construction Heavy Industry you should be aware of.

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