China CAMC Engineering Third Quarter 2024 Earnings: EPS: CN¥0.041 (vs CN¥0.061 in 3Q 2023)

China CAMC Engineering (SZSE:002051) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.11b (down 8.8% from 3Q 2023).
• Net income: CN¥51.7m (down 33% from 3Q 2023).
• Profit margin: 1.7% (down from 2.3% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.041 (down from CN¥0.061 in 3Q 2023).

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

China CAMC Engineering Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China.

Performance of the Chinese Construction industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with China CAMC Engineering.

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