Focuslight Technologies Third Quarter 2024 Earnings: CN¥0.27 loss per share (vs CN¥0.19 profit in 3Q 2023)

Focuslight Technologies (SHSE:688167) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥146.9m (up 1.5% from 3Q 2023).
• Net loss: CN¥23.7m (down by 242% from CN¥16.6m profit in 3Q 2023).
• CN¥0.27 loss per share (down from CN¥0.19 profit in 3Q 2023).

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

Focuslight Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

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

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Focuslight Technologies, and understanding it should be part of your investment process.

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