Gosuncn Technology Group Third Quarter 2024 Earnings: CN¥0.037 loss per share (vs CN¥0.016 loss in 3Q 2023)

Gosuncn Technology Group (SZSE:300098) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥289.7m (down 42% from 3Q 2023).
• Net loss: CN¥41.5m (loss widened by 50% from 3Q 2023).
• CN¥0.037 loss per share (further deteriorated from CN¥0.016 loss in 3Q 2023).

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

Gosuncn Technology Group Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China.

Performance of the Chinese Communications industry.

The company's shares are down 1.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Gosuncn Technology Group you should know about.

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