Huayi Brothers Media Third Quarter 2024 Earnings: CN¥0.047 loss per share (vs CN¥0.051 loss in 3Q 2023)

Simply Wall St

October 31, 2024

Huayi Brothers Media (SZSE:300027) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥91.5m (down 34% from 3Q 2023).
Net loss: CN¥67.2m (loss narrowed by 52% from 3Q 2023).
CN¥0.047 loss per share (improved from CN¥0.051 loss in 3Q 2023).

earnings-and-revenue-growth — SZSE:300027 Earnings and Revenue Growth October 31st 2024

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

Huayi Brothers Media Earnings Insights

Looking ahead, revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Entertainment industry in China.

Performance of the Chinese Entertainment industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Huayi Brothers Media.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.