Stock Analysis

Suzhou Iron TechnologyLTD Third Quarter 2024 Earnings: CN¥0.12 loss per share (vs CN¥0.22 profit in 3Q 2023)

Published
SHSE:688329

Suzhou Iron TechnologyLTD (SHSE:688329) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥81.2m (down 20% from 3Q 2023).
  • Net loss: CN¥9.05m (down by 153% from CN¥17.2m profit in 3Q 2023).
  • CN¥0.12 loss per share (down from CN¥0.22 profit in 3Q 2023).
SHSE:688329 Earnings and Revenue History October 31st 2024

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

Suzhou Iron TechnologyLTD's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Suzhou Iron TechnologyLTD (1 is a bit unpleasant!) 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.