HIT Welding IndustryLtd Second Quarter 2024 Earnings: EPS: CN¥0.045 (vs CN¥0.077 in 2Q 2023)
HIT Welding IndustryLtd (SZSE:301137) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥398.4m (down 6.4% from 2Q 2023).
- Net income: CN¥7.96m (down 46% from 2Q 2023).
- Profit margin: 2.0% (down from 3.5% in 2Q 2023).
- EPS: CN¥0.045 (down from CN¥0.077 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HIT Welding IndustryLtd shares are down 5.0% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for HIT Welding IndustryLtd (1 makes us a bit uncomfortable) you should be aware of.
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About SZSE:301137
HIT Welding IndustryLtd
Engages in the research, development, production, and sales of various welding material in China.
Excellent balance sheet with acceptable track record.