Zhejiang Tianzhen Technology Second Quarter 2024 Earnings: CN¥0.096 loss per share (vs CN¥0.47 loss in 2Q 2023)

Zhejiang Tianzhen Technology (SZSE:301356) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥159.9m (up 114% from 2Q 2023).
• Net loss: CN¥22.9m (loss narrowed by 77% from 2Q 2023).
• CN¥0.096 loss per share (improved from CN¥0.47 loss in 2Q 2023).

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

Zhejiang Tianzhen Technology Earnings Insights

Looking ahead, revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Building industry in China.

Performance of the Chinese Building industry.

The company's shares are up 5.9% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Zhejiang Tianzhen Technology's balance sheet health.

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