China Hainan Rubber Industry GroupLtd Third Quarter 2024 Earnings: CN¥0.039 loss per share (vs CN¥0.062 loss in 3Q 2023)

China Hainan Rubber Industry GroupLtd (SHSE:601118) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥13.7b (up 34% from 3Q 2023).
• Net loss: CN¥164.0m (loss narrowed by 38% from 3Q 2023).
• CN¥0.039 loss per share (improved from CN¥0.062 loss in 3Q 2023).

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

China Hainan Rubber Industry GroupLtd Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are down 1.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - China Hainan Rubber Industry GroupLtd has 2 warning signs (and 1 which can't be ignored) we think you should know about.

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