Dalian Haosen Intelligent Manufacturing Full Year 2024 Earnings: Misses Expectations

Dalian Haosen Intelligent Manufacturing (SHSE:688529) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥1.81b (down 10.0% from FY 2023).
• Net loss: CN¥86.6m (down by 200% from CN¥86.7m profit in FY 2023).
• CN¥0.52 loss per share (down from CN¥0.63 profit in FY 2023).

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

Dalian Haosen Intelligent Manufacturing Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 14%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's shares are down 4.7% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Dalian Haosen Intelligent Manufacturing that you should be aware of before investing here.

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