Zhejiang Jiuzhou Pharmaceutical First Quarter 2024 Earnings: EPS: CN¥0.26 (vs CN¥0.32 in 1Q 2023)

Zhejiang Jiuzhou Pharmaceutical (SHSE:603456) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.48b (down 16% from 1Q 2023).
• Net income: CN¥236.8m (down 16% from 1Q 2023).
• Profit margin: 16% (in line with 1Q 2023).
• EPS: CN¥0.26 (down from CN¥0.32 in 1Q 2023).

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

Zhejiang Jiuzhou Pharmaceutical Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Pharmaceuticals industry in China.

Performance of the Chinese Pharmaceuticals industry.

The company's shares are up 5.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Zhejiang Jiuzhou Pharmaceutical (1 is potentially serious!) that we have uncovered.

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