Stock Analysis

Fortune Ng Fung Food (Hebei)Ltd Second Quarter 2024 Earnings: EPS: CN¥0.009 (vs CN¥0.041 in 2Q 2023)

SHSE:600965
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Fortune Ng Fung Food (Hebei)Ltd (SHSE:600965) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥227.3m (down 15% from 2Q 2023).
  • Net income: CN¥7.55m (down 78% from 2Q 2023).
  • Profit margin: 3.3% (down from 13% in 2Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.009 (down from CN¥0.041 in 2Q 2023).
earnings-and-revenue-history
SHSE:600965 Earnings and Revenue History August 25th 2024

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

Fortune Ng Fung Food (Hebei)Ltd shares are down 5.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Fortune Ng Fung Food (Hebei)Ltd (2 don't sit too well with us!) that we have uncovered.

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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.