Hangzhou Oxygen Plant GroupLtd Third Quarter 2024 Earnings: EPS: CN¥0.24 (vs CN¥0.33 in 3Q 2023)

Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.63b (up 8.7% from 3Q 2023).
• Net income: CN¥238.1m (down 27% from 3Q 2023).
• Profit margin: 6.6% (down from 9.8% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.24 (down from CN¥0.33 in 3Q 2023).

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

Hangzhou Oxygen Plant GroupLtd Earnings Insights

Looking ahead, revenue is forecast to grow 16% 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 7.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Hangzhou Oxygen Plant GroupLtd's balance sheet and an in-depth analysis of the company's financial position.

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