Seazen Holdings Third Quarter 2024 Earnings: EPS: CN¥0.059 (vs CN¥0.089 in 3Q 2023)

Seazen Holdings (SHSE:601155) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥17.7b (down 40% from 3Q 2023).
• Net income: CN¥136.4m (down 32% from 3Q 2023).
• Profit margin: 0.8% (up from 0.7% in 3Q 2023).
• EPS: CN¥0.059 (down from CN¥0.089 in 3Q 2023).

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

Seazen Holdings Earnings Insights

Looking ahead, revenue is expected to decline by 14% p.a. on average during the next 3 years, while revenues in the Real Estate industry in China are expected to grow by 2.3%.

Performance of the Chinese Real Estate industry.

The company's shares are up 5.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Seazen Holdings that you should be aware of.

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