Guilin Layn Natural Ingredients Third Quarter 2024 Earnings: EPS: CN¥0.05 (vs CN¥0.008 in 3Q 2023)

Guilin Layn Natural Ingredients (SZSE:002166) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥444.5m (up 18% from 3Q 2023).
• Net income: CN¥36.7m (up by CN¥32.0m from 3Q 2023).
• Profit margin: 8.3% (up from 1.2% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.05 (up from CN¥0.008 in 3Q 2023).

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

Guilin Layn Natural Ingredients Earnings Insights

Looking ahead, revenue is forecast to grow 22% 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 1.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Guilin Layn Natural Ingredients you should know about.

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