Truking Technology Third Quarter 2024 Earnings: CN¥0.18 loss per share (vs CN¥0.035 profit in 3Q 2023)

Simply Wall St

October 28, 2024

Truking Technology (SZSE:300358) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥1.34b (down 25% from 3Q 2023).
Net loss: CN¥104.6m (down from CN¥20.2m profit in 3Q 2023).
CN¥0.18 loss per share (down from CN¥0.035 profit in 3Q 2023).

earnings-and-revenue-growth — SZSE:300358 Earnings and Revenue Growth October 28th 2024

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

Truking Technology Earnings Insights

Looking ahead, revenue is forecast to grow 14% 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 shares are up 7.5% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Truking Technology that you should be aware of before investing here.

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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.