Qingdao Gon Technology Third Quarter 2024 Earnings: EPS: CN¥0.68 (vs CN¥0.47 in 3Q 2023)

Qingdao Gon Technology (SZSE:002768) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.83b (up 2.1% from 3Q 2023).
• Net income: CN¥183.6m (up 44% from 3Q 2023).
• Profit margin: 3.8% (up from 2.7% in 3Q 2023).
• EPS: CN¥0.68 (up from CN¥0.47 in 3Q 2023).

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

Qingdao Gon Technology Earnings Insights

Looking ahead, revenue is forecast to grow 15% 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 7.9% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Qingdao Gon Technology that you should be aware of before investing here.

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