COFCO Capital Holdings Third Quarter 2024 Earnings: EPS: CN¥0.045 (vs CN¥0.054 in 3Q 2023)

COFCO Capital Holdings (SZSE:002423) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥7.96b (up 42% from 3Q 2023).
• Net income: CN¥102.8m (down 18% from 3Q 2023).
• Profit margin: 1.3% (down from 2.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.045 (down from CN¥0.054 in 3Q 2023).

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

COFCO Capital Holdings shares are up 37% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for COFCO Capital Holdings that you need to be mindful of.

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