China-Singapore Suzhou Industrial Park Development Group Third Quarter 2024 Earnings: EPS: CN¥0.076 (vs CN¥0.18 in 3Q 2023)

China-Singapore Suzhou Industrial Park Development Group (SHSE:601512) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥474.2m (down 32% from 3Q 2023).
• Net income: CN¥110.7m (down 57% from 3Q 2023).
• Profit margin: 23% (down from 37% in 3Q 2023).
• EPS: CN¥0.076 (down from CN¥0.18 in 3Q 2023).

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

China-Singapore Suzhou Industrial Park Development Group Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.2% growth forecast for the Real Estate industry in China.

Performance of the Chinese Real Estate industry.

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

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for China-Singapore Suzhou Industrial Park Development Group (1 is a bit unpleasant!) that you need to be mindful of.

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