Qingdao Vland Biotech Third Quarter 2024 Earnings: EPS: CN¥0.042 (vs CN¥0.10 in 3Q 2023)

Qingdao Vland Biotech (SHSE:603739) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥336.4m (flat on 3Q 2023).
• Net income: CN¥11.5m (down 52% from 3Q 2023).
• Profit margin: 3.4% (down from 7.1% in 3Q 2023).
• EPS: CN¥0.042 (down from CN¥0.10 in 3Q 2023).

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

Qingdao Vland Biotech Earnings Insights

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Biotechs industry in China.

Performance of the Chinese Biotechs industry.

The company's shares are up 7.2% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Qingdao Vland Biotech that you should be aware of.

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