China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd Third Quarter 2024 Earnings: EPS: CN¥0.011 (vs CN¥0.017 in 3Q 2023)

China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd (SZSE:000758) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.99b (down 3.2% from 3Q 2023).
• Net income: CN¥22.0m (down 33% from 3Q 2023).
• Profit margin: 1.1% (down from 1.6% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.011 (down from CN¥0.017 in 3Q 2023).

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

China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd shares are down 1.4% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd's balance sheet.

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