Bohai Ferry Group Third Quarter 2024 Earnings: EPS: CN¥0.34 (vs CN¥0.33 in 3Q 2023)

Bohai Ferry Group (SHSE:603167) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥646.3m (up 1.4% from 3Q 2023).
• Net income: CN¥152.5m (up 1.1% from 3Q 2023).
• Profit margin: 24% (in line with 3Q 2023).
• EPS: CN¥0.34 (up from CN¥0.33 in 3Q 2023).

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

Bohai Ferry Group Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Shipping industry in China.

Performance of the Chinese Shipping industry.

The company's shares are up 3.4% 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 Bohai Ferry Group, and understanding them should be part of your investment process.

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