Zhongyin Babi Food Third Quarter 2024 Earnings: EPS: CN¥0.33 (vs CN¥0.28 in 3Q 2023)

Zhongyin Babi Food (SHSE:605338) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥446.9m (flat on 3Q 2023).
• Net income: CN¥82.9m (up 14% from 3Q 2023).
• Profit margin: 19% (up from 16% in 3Q 2023).
• EPS: CN¥0.33 (up from CN¥0.28 in 3Q 2023).

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

Zhongyin Babi Food 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 5.2% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Zhongyin Babi Food that you should be aware of before investing here.

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