Tianjin You Fa Steel Pipe Group Stock Second Quarter 2024 Earnings: EPS: CN¥0.078 (vs CN¥0.089 in 2Q 2023)

Tianjin You Fa Steel Pipe Group Stock (SHSE:601686) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥15.7b (down 4.0% from 2Q 2023).
• Net income: CN¥108.8m (down 9.9% from 2Q 2023).
• Profit margin: 0.7% (in line with 2Q 2023).
• EPS: CN¥0.078 (down from CN¥0.089 in 2Q 2023).

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

Tianjin You Fa Steel Pipe Group Stock Earnings Insights

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are down 1.3% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Tianjin You Fa Steel Pipe Group Stock that we have uncovered.

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