Luolai Lifestyle Technology Third Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.16 in 3Q 2023)

Luolai Lifestyle Technology (SZSE:002293) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.10b (down 16% from 3Q 2023).
• Net income: CN¥103.0m (down 22% from 3Q 2023).
• Profit margin: 9.4% (in line with 3Q 2023).
• EPS: CN¥0.12 (down from CN¥0.16 in 3Q 2023).

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

Luolai Lifestyle Technology Earnings Insights

Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in China.

Performance of the Chinese Luxury industry.

The company's shares are up 3.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Luolai Lifestyle Technology you should know about.

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