HONG RI DA Technology Third Quarter 2024 Earnings: EPS: CN¥0.058 (vs CN¥0.11 in 3Q 2023)

HONG RI DA Technology (SZSE:301285) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥254.8m (up 23% from 3Q 2023).
• Net income: CN¥13.5m (down 33% from 3Q 2023).
• Profit margin: 5.3% (down from 9.8% in 3Q 2023).
• EPS: CN¥0.058 (down from CN¥0.11 in 3Q 2023).

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

HONG RI DA Technology shares are down 4.9% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with HONG RI DA Technology, and understanding them should be part of your investment process.

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