Hengfeng Information Technology Third Quarter 2024 Earnings: CN¥0.022 loss per share (vs CN¥0.086 profit in 3Q 2023)

Hengfeng Information Technology (SZSE:300605) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥83.3m (down 49% from 3Q 2023).
• Net loss: CN¥3.83m (down by 127% from CN¥14.1m profit in 3Q 2023).
• CN¥0.022 loss per share (down from CN¥0.086 profit in 3Q 2023).

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

Hengfeng Information Technology shares are up 5.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Hengfeng Information Technology (2 are a bit concerning!) that you need to take into consideration.

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