Aerospace Nanhu Electronic Information Technology Third Quarter 2024 Earnings: CN¥0.051 loss per share (vs CN¥0.034 profit in 3Q 2023)

Aerospace Nanhu Electronic Information Technology (SHSE:688552) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥20.4m (down 86% from 3Q 2023).
• Net loss: CN¥19.3m (down by 269% from CN¥11.4m profit in 3Q 2023).
• CN¥0.051 loss per share (down from CN¥0.034 profit in 3Q 2023).

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

Aerospace Nanhu Electronic Information Technology Earnings Insights

Looking ahead, revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Aerospace & Defense industry in China.

Performance of the Chinese Aerospace & Defense industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Aerospace Nanhu Electronic Information Technology (of which 1 is significant!) you should know about.

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