Transfar Zhilian Third Quarter 2024 Earnings: CN¥0.022 loss per share (vs CN¥0.048 profit in 3Q 2023)

Transfar Zhilian (SZSE:002010) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥6.45b (down 28% from 3Q 2023).
• Net loss: CN¥52.0m (down by 144% from CN¥119.2m profit in 3Q 2023).
• CN¥0.022 loss per share (down from CN¥0.048 profit in 3Q 2023).

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

Transfar Zhilian Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.

Performance of the Chinese Chemicals industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Transfar Zhilian you should be aware of, and 1 of them can't be ignored.

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