Tasly Pharmaceutical Group Third Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.22 in 3Q 2023)

Tasly Pharmaceutical Group (SHSE:600535) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥2.09b (down 4.1% from 3Q 2023).
• Net income: CN¥179.9m (down 45% from 3Q 2023).
• Profit margin: 8.6% (down from 15% in 3Q 2023).
• EPS: CN¥0.12 (down from CN¥0.22 in 3Q 2023).

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

Tasly Pharmaceutical Group Earnings Insights

Looking ahead, revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Pharmaceuticals industry in China.

Performance of the Chinese Pharmaceuticals industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Tasly Pharmaceutical Group that we have uncovered.

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