Hailir Pesticides and Chemicals GroupLtd Third Quarter 2024 Earnings: EPS: CN¥0.10 (vs CN¥0.33 in 3Q 2023)

Hailir Pesticides and Chemicals GroupLtd (SHSE:603639) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥807.7m (down 23% from 3Q 2023).
• Net income: CN¥33.8m (down 70% from 3Q 2023).
• Profit margin: 4.2% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.10 (down from CN¥0.33 in 3Q 2023).

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

Hailir Pesticides and Chemicals GroupLtd Earnings Insights

Looking ahead, revenue is forecast to grow 22% 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 4.9% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Hailir Pesticides and Chemicals GroupLtd you should know about.

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