Chongqing Department StoreLtd Third Quarter 2024 Earnings: EPS: CN¥0.48 (vs CN¥0.56 in 3Q 2023)

Chongqing Department StoreLtd (SHSE:600729) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.02b (down 13% from 3Q 2023).
• Net income: CN¥211.4m (down 4.9% from 3Q 2023).
• Profit margin: 5.3% (up from 4.8% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.48 (down from CN¥0.56 in 3Q 2023).

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

Chongqing Department StoreLtd Earnings Insights

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in China.

Performance of the Chinese Multiline Retail industry.

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

Risk Analysis

You should learn about the 2 warning signs we've spotted with Chongqing Department StoreLtd.

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