Hla Group Third Quarter 2024 Earnings: EPS: CN¥0.059 (vs CN¥0.18 in 3Q 2023)

Hla Group (SHSE:600398) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.89b (down 11% from 3Q 2023).
• Net income: CN¥271.3m (down 65% from 3Q 2023).
• Profit margin: 7.0% (down from 18% in 3Q 2023).
• EPS: CN¥0.059 (down from CN¥0.18 in 3Q 2023).

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

Hla Group Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Specialty Retail industry in China.

Performance of the Chinese Specialty Retail industry.

The company's shares are down 8.8% from a week ago.

Risk Analysis

Be aware that Hla Group is showing 2 warning signs in our investment analysis and 1 of those doesn't sit too well with us...

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