Lianhe Chemical TechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.031 (vs CN¥0.084 loss in 3Q 2023)

Lianhe Chemical TechnologyLtd (SZSE:002250) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.38b (up 2.1% from 3Q 2023).
• Net income: CN¥18.3m (up from CN¥100.0m loss in 3Q 2023).
• Profit margin: 1.3% (up from net loss in 3Q 2023).
• EPS: CN¥0.031 (up from CN¥0.084 loss in 3Q 2023).

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

Lianhe Chemical TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 9.9% 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 5.9% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Lianhe Chemical TechnologyLtd that we have uncovered.

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