Chison Medical Technologies Third Quarter 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.26 in 3Q 2023)

Chison Medical Technologies (SHSE:688358) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥114.7m (up 8.8% from 3Q 2023).
• Net income: CN¥17.1m (down 42% from 3Q 2023).
• Profit margin: 15% (down from 28% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.15 (down from CN¥0.26 in 3Q 2023).

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

Chison Medical Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Medical Equipment industry in China.

Performance of the Chinese Medical Equipment industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Chison Medical Technologies that you should be aware of.

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