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

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).

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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