Guangdong Guanghong HoldingsLtd First Quarter 2024 Earnings: EPS: CN¥0.023 (vs CN¥0.035 in 1Q 2023)

Simply Wall St

April 25, 2024

Guangdong Guanghong HoldingsLtd (SZSE:000529) First Quarter 2024 Results

Key Financial Results

Revenue: CN¥556.1m (down 4.5% from 1Q 2023).
Net income: CN¥13.7m (down 33% from 1Q 2023).
Profit margin: 2.5% (down from 3.5% in 1Q 2023). The decrease in margin was driven by lower revenue.
EPS: CN¥0.023 (down from CN¥0.035 in 1Q 2023).

earnings-and-revenue-history — SZSE:000529 Earnings and Revenue History April 25th 2024

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

Guangdong Guanghong HoldingsLtd shares are up 1.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Guangdong Guanghong HoldingsLtd (1 is a bit concerning!) that you need to take into consideration.

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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.