XIANGPIAOPIAO FoodLtd Third Quarter 2024 Earnings: EPS: CN¥0.097 (vs CN¥0.19 in 3Q 2023)

XIANGPIAOPIAO FoodLtd (SHSE:603711) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥758.8m (down 6.1% from 3Q 2023).
• Net income: CN¥47.2m (flat on 3Q 2023).
• Profit margin: 6.2% (up from 5.9% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.097 (down from CN¥0.19 in 3Q 2023).

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

XIANGPIAOPIAO FoodLtd 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 down 1.1% from a week ago.

Risk Analysis

Be aware that XIANGPIAOPIAO FoodLtd is showing 1 warning sign in our investment analysis that you should know about...

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