Foshan Yowant TechnologyLtd Third Quarter 2024 Earnings: CN¥0.20 loss per share (vs CN¥0.26 loss in 3Q 2023)

Foshan Yowant TechnologyLtd (SZSE:002291) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.02b (down 14% from 3Q 2023).
• Net loss: CN¥189.5m (loss narrowed by 22% from 3Q 2023).
• CN¥0.20 loss per share (improved from CN¥0.26 loss in 3Q 2023).

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

Foshan Yowant TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Media industry in China.

Performance of the Chinese Media industry.

The company's shares are up 6.5% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Foshan Yowant TechnologyLtd's balance sheet and an in-depth analysis of the company's financial position.

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