Jadard Technology Second Quarter 2024 Earnings: EPS: CN¥0.17 (vs CN¥0.073 in 2Q 2023)

Jadard Technology (SHSE:688252) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥497.5m (up 87% from 2Q 2023).
• Net income: CN¥69.2m (up 92% from 2Q 2023).
• Profit margin: 14% (in line with 2Q 2023).
• EPS: CN¥0.17 (up from CN¥0.073 in 2Q 2023).

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

Jadard Technology Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are up 3.0% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Jadard Technology that you should be aware of before investing here.

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