Guangdong Hoshion Industrial Aluminium Third Quarter 2024 Earnings: EPS: CN¥0.088 (vs CN¥0.17 in 3Q 2023)

Guangdong Hoshion Industrial Aluminium (SZSE:002824) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥868.6m (up 4.5% from 3Q 2023).
• Net income: CN¥25.7m (down 50% from 3Q 2023).
• Profit margin: 3.0% (down from 6.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.088 (down from CN¥0.17 in 3Q 2023).

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

Guangdong Hoshion Industrial Aluminium Earnings Insights

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

The company's shares are up 6.8% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Guangdong Hoshion Industrial Aluminium you should be aware of.

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