Stock Analysis
DR Third Quarter 2024 Earnings: CN¥0.032 loss per share (vs CN¥0.059 profit in 3Q 2023)
DR (SZSE:301177) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥333.1m (down 33% from 3Q 2023).
- Net loss: CN¥12.6m (down by 161% from CN¥20.7m profit in 3Q 2023).
- CN¥0.032 loss per share (down from CN¥0.059 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DR Earnings Insights
Looking ahead, revenue is forecast to grow 6.5% 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
It is worth noting though that we have found 2 warning signs for DR that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SZSE:301177
DR
Researches and develops, produces, and sells diamond jewelry worldwide.
