Aerospace CH UAVLtd Third Quarter 2024 Earnings: CN¥0.06 loss per share (vs CN¥0.029 profit in 3Q 2023)

Aerospace CH UAVLtd (SZSE:002389) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥271.2m (down 53% from 3Q 2023).
• Net loss: CN¥59.8m (down by 315% from CN¥27.8m profit in 3Q 2023).
• CN¥0.06 loss per share (down from CN¥0.029 profit in 3Q 2023).

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

Aerospace CH UAVLtd Earnings Insights

Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are down 4.9% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Aerospace CH UAVLtd that you need to be mindful of.

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