China Bester Group Telecom Third Quarter 2024 Earnings: EPS: CN¥0.09 (vs CN¥0.079 in 3Q 2023)

China Bester Group Telecom (SHSE:603220) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥693.5m (flat on 3Q 2023).
• Net income: CN¥39.1m (up 13% from 3Q 2023).
• Profit margin: 5.6% (up from 5.0% in 3Q 2023).
• EPS: CN¥0.09 (up from CN¥0.079 in 3Q 2023).

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

China Bester Group Telecom Earnings Insights

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia.

Performance of the market in China.

The company's shares are up 11% 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 China Bester Group Telecom that you need to be mindful of.

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