Changchun UP OptotechLtd Second Quarter 2024 Earnings: EPS: CN¥0.07 (vs CN¥0.13 in 2Q 2023)

Changchun UP OptotechLtd (SZSE:002338) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥192.2m (up 16% from 2Q 2023).
• Net income: CN¥17.1m (down 47% from 2Q 2023).
• Profit margin: 8.9% (down from 19% in 2Q 2023).
• EPS: CN¥0.07 (down from CN¥0.13 in 2Q 2023).

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

Changchun UP OptotechLtd Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Aerospace & Defense industry in China.

Performance of the Chinese Aerospace & Defense industry.

The company's shares are down 9.0% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Changchun UP OptotechLtd.

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