Wuxi Acryl Technology Third Quarter 2024 Earnings: CN¥0.16 loss per share (vs CN¥0.06 profit in 3Q 2023)

Wuxi Acryl Technology (SHSE:603722) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥122.4m (down 8.8% from 3Q 2023).
• Net loss: CN¥8.77m (down by 268% from CN¥5.23m profit in 3Q 2023).
• CN¥0.16 loss per share (down from CN¥0.06 profit in 3Q 2023).

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

Wuxi Acryl Technology Earnings Insights

Looking ahead, revenue is forecast to grow 31% 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 up 4.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Wuxi Acryl Technology has 1 warning sign we think you should be aware of.

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