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Datang Telecom Technology Second Quarter 2024 Earnings: EPS: CN¥0.01 (vs CN¥0.016 loss in 2Q 2023)
Datang Telecom Technology (SHSE:600198) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥215.7m (down 37% from 2Q 2023).
- Net income: CN¥12.7m (up from CN¥20.5m loss in 2Q 2023).
- Profit margin: 5.9% (up from net loss in 2Q 2023).
- EPS: CN¥0.01 (up from CN¥0.016 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Datang Telecom Technology shares are down 1.4% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Datang Telecom Technology has 1 warning sign we think you should be aware of.
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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.
About SHSE:600198
Datang Telecom Technology
Operates in the integrated circuit (IC) design and special communications business in China.
Adequate balance sheet with questionable track record.
