Sichuan Guoguang Agrochemical Third Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.12 in 3Q 2023)

Sichuan Guoguang Agrochemical (SZSE:002749) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥393.1m (flat on 3Q 2023).
• Net income: CN¥52.6m (down 2.8% from 3Q 2023).
• Profit margin: 13% (in line with 3Q 2023).
• EPS: CN¥0.12 (down from CN¥0.12 in 3Q 2023).

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

Sichuan Guoguang Agrochemical Earnings Insights

Looking ahead, revenue is forecast to grow 20% 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 5.4% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Sichuan Guoguang Agrochemical, and understanding them should be part of your investment process.

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