Qifeng New Material Third Quarter 2024 Earnings: CN¥0.006 loss per share (vs CN¥0.21 profit in 3Q 2023)

Qifeng New Material (SZSE:002521) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥786.9m (down 21% from 3Q 2023).
• Net loss: CN¥2.61m (down by 102% from CN¥109.4m profit in 3Q 2023).
• CN¥0.006 loss per share (down from CN¥0.21 profit in 3Q 2023).

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

Qifeng New Material shares are down 8.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Qifeng New Material you should be aware of.

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