Jiangxi Black Cat Carbon BlackLtd Second Quarter 2024 Earnings: CN¥0.079 loss per share (vs CN¥0.18 loss in 2Q 2023)
Jiangxi Black Cat Carbon BlackLtd (SZSE:002068) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥2.53b (up 14% from 2Q 2023).
- Net loss: CN¥58.2m (loss narrowed by 56% from 2Q 2023).
- CN¥0.079 loss per share (improved from CN¥0.18 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jiangxi Black Cat Carbon BlackLtd Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 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 2.3% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Jiangxi Black Cat Carbon BlackLtd that you need to be mindful of.
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About SZSE:002068
Jiangxi Black Cat Carbon BlackLtd
Engages in the production and sale of carbon black products in China.
Reasonable growth potential and fair value.