Hunan Heshun PetroleumLtd Second Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.09 in 2Q 2023)

Hunan Heshun PetroleumLtd (SHSE:603353) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥567.1m (down 46% from 2Q 2023).
• Net income: CN¥18.2m (up 15% from 2Q 2023).
• Profit margin: 3.2% (up from 1.5% in 2Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.12 (up from CN¥0.09 in 2Q 2023).

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

Hunan Heshun PetroleumLtd shares are up 8.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Hunan Heshun PetroleumLtd (1 is potentially serious!) that you should be aware of.

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