Zhejiang TaitanLtd Second Quarter 2024 Earnings: EPS: CN¥0.19 (vs CN¥0.24 in 2Q 2023)

Zhejiang TaitanLtd (SZSE:003036) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥452.9m (up 17% from 2Q 2023).
• Net income: CN¥42.0m (down 18% from 2Q 2023).
• Profit margin: 9.3% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.19 (down from CN¥0.24 in 2Q 2023).

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

Zhejiang TaitanLtd shares are down 8.8% from a week ago.

Risk Analysis

Be aware that Zhejiang TaitanLtd is showing 2 warning signs in our investment analysis and 1 of those shouldn't be ignored...

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