Guangdong Guanghua Sci-Tech Third Quarter 2024 Earnings: CN¥0.01 loss per share (vs CN¥0.27 loss in 3Q 2023)

Simply Wall St

November 01, 2024

Guangdong Guanghua Sci-Tech (SZSE:002741) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥663.0m (down 7.5% from 3Q 2023).
Net loss: CN¥3.96m (loss narrowed by 96% from 3Q 2023).
CN¥0.01 loss per share (improved from CN¥0.27 loss in 3Q 2023).

earnings-and-revenue-growth — SZSE:002741 Earnings and Revenue Growth November 1st 2024

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

Guangdong Guanghua Sci-Tech Earnings Insights

Looking ahead, revenue is forecast to grow 31% 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 down 1.5% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Guangdong Guanghua Sci-Tech, and understanding this should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.