Jiangsu Jibeier Pharmaceutical Third Quarter 2024 Earnings: EPS: CN¥0.26 (vs CN¥0.32 in 3Q 2023)

Jiangsu Jibeier Pharmaceutical (SHSE:688566) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥209.5m (up 5.7% from 3Q 2023).
• Net income: CN¥52.6m (down 11% from 3Q 2023).
• Profit margin: 25% (down from 30% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.26 (down from CN¥0.32 in 3Q 2023).

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

Jiangsu Jibeier Pharmaceutical Earnings Insights

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Pharmaceuticals industry in China.

Performance of the Chinese Pharmaceuticals industry.

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

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Jiangsu Jibeier Pharmaceutical you should know about.

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