Shenzhen Ellassay FashionLtd Third Quarter 2024 Earnings: CN¥0.11 loss per share (vs CN¥0.071 profit in 3Q 2023)

Shenzhen Ellassay FashionLtd (SHSE:603808) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥704.5m (up 1.6% from 3Q 2023).
• Net loss: CN¥37.0m (down by 238% from CN¥26.7m profit in 3Q 2023).
• CN¥0.11 loss per share (down from CN¥0.071 profit in 3Q 2023).

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

Shenzhen Ellassay FashionLtd Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China.

Performance of the Chinese Luxury industry.

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

Risk Analysis

You still need to take note of risks, for example - Shenzhen Ellassay FashionLtd has 1 warning sign we think you should be aware of.

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