Jiangsu Luokai Mechanical &Electrical Third Quarter 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.18 in 3Q 2023)

Jiangsu Luokai Mechanical &Electrical (SHSE:603829) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥497.2m (down 3.3% from 3Q 2023).
• Net income: CN¥24.8m (down 14% from 3Q 2023).
• Profit margin: 5.0% (down from 5.6% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.15 (down from CN¥0.18 in 3Q 2023).

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

Jiangsu Luokai Mechanical &Electrical's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Jiangsu Luokai Mechanical &Electrical you should be aware of.

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