Stock Analysis

Integrity Technology Group Third Quarter 2024 Earnings: CN¥0.13 loss per share (vs CN¥0.036 loss in 3Q 2023)

Published
SHSE:688244

Integrity Technology Group (SHSE:688244) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥72.8m (down 16% from 3Q 2023).
  • Net loss: CN¥13.1m (loss widened by 254% from 3Q 2023).
  • CN¥0.13 loss per share (further deteriorated from CN¥0.036 loss in 3Q 2023).
SHSE:688244 Earnings and Revenue Growth October 31st 2024

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

Integrity Technology Group Earnings Insights

Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China.

Performance of the Chinese Software industry.

The company's shares are down 9.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Integrity Technology Group (1 is a bit concerning!) that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.