Loctek Ergonomic Technology Third Quarter 2024 Earnings: EPS: CN¥0.34 (vs CN¥0.24 in 3Q 2023)

Loctek Ergonomic Technology (SZSE:300729) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.55b (up 54% from 3Q 2023).
• Net income: CN¥105.2m (up 43% from 3Q 2023).
• Profit margin: 6.8% (down from 7.3% in 3Q 2023).
• EPS: CN¥0.34 (up from CN¥0.24 in 3Q 2023).

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

Loctek Ergonomic Technology Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Commercial Services industry in China.

Performance of the Chinese Commercial Services industry.

The company's shares are up 3.3% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Loctek Ergonomic Technology (1 makes us a bit uncomfortable!) that you need to be mindful of.

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