Xinjiang Tianrun Dairy Third Quarter 2024 Earnings: EPS: CN¥0.16 (vs CN¥0.053 in 3Q 2023)
Xinjiang Tianrun Dairy (SHSE:600419) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥712.6m (up 2.7% from 3Q 2023).
- Net income: CN¥50.2m (up 201% from 3Q 2023).
- Profit margin: 7.0% (up from 2.4% in 3Q 2023).
- EPS: CN¥0.16 (up from CN¥0.053 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Xinjiang Tianrun Dairy Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Food industry in China.
Performance of the Chinese Food industry.
The company's shares are up 4.1% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Xinjiang Tianrun Dairy (including 1 which doesn't sit too well with us).
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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 SHSE:600419
Slight with moderate growth potential.
