BIEM.L.FDLKK GarmentLtd Third Quarter 2024 Earnings: EPS: CN¥0.50 (vs CN¥0.60 in 3Q 2023)

BIEM.L.FDLKK GarmentLtd (SZSE:002832) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.06b (down 4.4% from 3Q 2023).
• Net income: CN¥283.0m (down 17% from 3Q 2023).
• Profit margin: 27% (down from 31% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: CN¥0.50 (down from CN¥0.60 in 3Q 2023).

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

BIEM.L.FDLKK GarmentLtd Earnings Insights

Looking ahead, revenue is forecast to grow 17% 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 shares are down 7.4% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with BIEM.L.FDLKK GarmentLtd.

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