Xinjiang Machinery Research Institute Third Quarter 2024 Earnings: CN¥0.028 loss per share (vs CN¥0.007 loss in 3Q 2023)

Xinjiang Machinery Research Institute (SZSE:300159) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥357.1m (down 29% from 3Q 2023).
• Net loss: CN¥41.3m (loss widened by 332% from 3Q 2023).
• CN¥0.028 loss per share (further deteriorated from CN¥0.007 loss in 3Q 2023).

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

Xinjiang Machinery Research Institute's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Xinjiang Machinery Research Institute you should be aware of.

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