Kunshan Kinglai Hygienic MaterialsLtd Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.14 in 3Q 2023)

Kunshan Kinglai Hygienic MaterialsLtd (SZSE:300260) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥743.3m (up 4.9% from 3Q 2023).
• Net income: CN¥57.6m (flat on 3Q 2023).
• Profit margin: 7.7% (down from 8.1% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.14 (down from CN¥0.14 in 3Q 2023).

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

Kunshan Kinglai Hygienic MaterialsLtd Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China.

Performance of the Chinese Machinery industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Kunshan Kinglai Hygienic MaterialsLtd that you should be aware of before investing here.

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