Financial Street Holdings Third Quarter 2024 Earnings: CN¥0.21 loss per share (vs CN¥0.21 loss in 3Q 2023)

Financial Street Holdings (SZSE:000402) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥2.03b (down 21% from 3Q 2023).
• Net loss: CN¥630.8m (loss widened by 3.4% from 3Q 2023).
• CN¥0.21 loss per share.

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

Financial Street Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Real Estate industry in China.

Performance of the Chinese Real Estate industry.

The company's shares are up 11% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Financial Street Holdings (1 is concerning!) that you should be aware of before investing here.

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