Zhejiang Meorient Commerce Exhibition Third Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.025 in 3Q 2023)

Zhejiang Meorient Commerce Exhibition (SZSE:300795) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥164.8m (up 42% from 3Q 2023).
• Net income: CN¥27.4m (up 396% from 3Q 2023).
• Profit margin: 17% (up from 4.8% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.12 (up from CN¥0.025 in 3Q 2023).

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

Zhejiang Meorient Commerce Exhibition Earnings Insights

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Media industry in China.

Performance of the Chinese Media industry.

The company's shares are down 1.8% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Zhejiang Meorient Commerce Exhibition, and understanding them should be part of your investment process.

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