Nanjing Chemical Fiber Third Quarter 2024 Earnings: CN¥0.24 loss per share (vs CN¥0.12 loss in 3Q 2023)

Nanjing Chemical Fiber (SHSE:600889) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥174.2m (up 100% from 3Q 2023).
• Net loss: CN¥89.0m (loss widened by 98% from 3Q 2023).
• CN¥0.24 loss per share (further deteriorated from CN¥0.12 loss in 3Q 2023).

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

Nanjing Chemical Fiber shares are up 2.5% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Nanjing Chemical Fiber, and understanding these should be part of your investment process.

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