Beijing Yuanlong Yato Culture DisseminationLtd Third Quarter 2024 Earnings: CN¥0.011 loss per share (vs CN¥0.13 profit in 3Q 2023)

Beijing Yuanlong Yato Culture DisseminationLtd (SZSE:002878) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥591.6m (down 28% from 3Q 2023).
• Net loss: CN¥3.62m (down by 111% from CN¥32.2m profit in 3Q 2023).
• CN¥0.011 loss per share (down from CN¥0.13 profit in 3Q 2023).

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

Beijing Yuanlong Yato Culture DisseminationLtd Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 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 4.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Beijing Yuanlong Yato Culture DisseminationLtd that you should be aware of.

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