Arcplus Group Third Quarter 2024 Earnings: EPS: CN¥0.069 (vs CN¥0.081 in 3Q 2023)

Arcplus Group (SHSE:600629) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.88b (down 6.6% from 3Q 2023).
• Net income: CN¥64.1m (down 19% from 3Q 2023).
• Profit margin: 3.4% (down from 3.9% in 3Q 2023).
• EPS: CN¥0.069 (down from CN¥0.081 in 3Q 2023).

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

Arcplus Group Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Professional Services industry in China.

Performance of the Chinese Professional Services industry.

The company's shares are up 35% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Arcplus Group, and understanding them should be part of your investment process.

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