Guangzhou Echom Sci.&Tech.Co.Ltd Second Quarter 2024 Earnings: EPS: CN¥0.041 (vs CN¥0.03 loss in 2Q 2023)

Guangzhou Echom Sci.&Tech.Co.Ltd (SZSE:002420) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥627.3m (up 4.4% from 2Q 2023).
• Net income: CN¥16.4m (up from CN¥11.9m loss in 2Q 2023).
• Profit margin: 2.6% (up from net loss in 2Q 2023).
• EPS: CN¥0.041 (up from CN¥0.03 loss in 2Q 2023).

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

Guangzhou Echom Sci.&Tech.Co.Ltd shares are up 9.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Guangzhou Echom Sci.&Tech.Co.Ltd that you need to be mindful of.

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