Zhejiang Xinan Chemical Industrial GroupLtd Third Quarter 2024 Earnings: EPS: CN¥0.004 (vs CN¥0.054 in 3Q 2023)

Zhejiang Xinan Chemical Industrial GroupLtd (SHSE:600596) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.34b (down 12% from 3Q 2023).
• Net income: CN¥5.80m (down 91% from 3Q 2023).
• Profit margin: 0.2% (down from 1.6% in 3Q 2023).
• EPS: CN¥0.004 (down from CN¥0.054 in 3Q 2023).

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

Zhejiang Xinan Chemical Industrial GroupLtd Earnings Insights

Looking ahead, revenue is forecast to grow 6.2% 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 1.1% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Zhejiang Xinan Chemical Industrial GroupLtd (including 1 which can't be ignored).

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