Tianjin You Fa Steel Pipe Group Stock Third Quarter 2024 Earnings: CN¥0.006 loss per share (vs CN¥0.071 profit in 3Q 2023)

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

Key Financial Results

• Revenue: CN¥13.6b (down 12% from 3Q 2023).
• Net loss: CN¥9.67m (down by 109% from CN¥102.9m profit in 3Q 2023).
• CN¥0.006 loss per share (down from CN¥0.071 profit in 3Q 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 8.3% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Tianjin You Fa Steel Pipe Group Stock is showing 2 warning signs in our investment analysis that you should know about...

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