Hainan Development HoldingsNanhai Third Quarter 2024 Earnings: CN¥0.24 loss per share (vs CN¥0.23 profit in 3Q 2023)

Hainan Development HoldingsNanhai (SZSE:002163) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥919.0m (down 19% from 3Q 2023).
• Net loss: CN¥189.9m (down by 199% from CN¥191.8m profit in 3Q 2023).
• CN¥0.24 loss per share (down from CN¥0.23 profit in 3Q 2023).

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

Hainan Development HoldingsNanhai Earnings Insights

Looking ahead, revenue is forecast to grow 34% 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 up 8.6% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Hainan Development HoldingsNanhai's balance sheet health.

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