Time Publishing and Media Third Quarter 2024 Earnings: EPS: CN¥0.13 (vs CN¥0.12 in 3Q 2023)

Time Publishing and Media (SHSE:600551) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.84b (down 7.2% from 3Q 2023).
• Net income: CN¥90.0m (up 12% from 3Q 2023).
• Profit margin: 4.9% (up from 4.1% in 3Q 2023).
• EPS: CN¥0.13 (up from CN¥0.12 in 3Q 2023).

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

Time Publishing and Media Earnings Insights

Looking ahead, revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Media industry in China.

Performance of the Chinese Media industry.

The company's shares are up 3.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Time Publishing and Media (1 can't be ignored) you should be aware of.

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