Innuovo Technology Third Quarter 2024 Earnings: EPS: CN¥0.055 (vs CN¥0.023 in 3Q 2023)

Innuovo Technology (SZSE:000795) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥929.1m (down 1.5% from 3Q 2023).
• Net income: CN¥60.9m (up 135% from 3Q 2023).
• Profit margin: 6.5% (up from 2.7% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.055 (up from CN¥0.023 in 3Q 2023).

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

Innuovo Technology shares are up 8.1% 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 have a graphic representation of Innuovo Technology's balance sheet and an in-depth analysis of the company's financial position.

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