Kingfa Sci. & Tech Third Quarter 2024 Earnings: EPS: CN¥0.11 (vs CN¥0.006 in 3Q 2023)

Kingfa Sci. & Tech (SHSE:600143) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥17.1b (up 23% from 3Q 2023).
• Net income: CN¥303.2m (up by CN¥288.0m from 3Q 2023).
• Profit margin: 1.8% (up from 0.1% in 3Q 2023).
• EPS: CN¥0.11 (up from CN¥0.006 in 3Q 2023).

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

Kingfa Sci. & Tech Earnings Insights

Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are up 6.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Kingfa Sci. & Tech (1 doesn't sit too well with us!) that we have uncovered.

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