Jiangsu Azure Second Quarter 2024 Earnings: EPS: CN¥0.084 (vs CN¥0.047 in 2Q 2023)

Jiangsu Azure (SZSE:002245) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.64b (up 28% from 2Q 2023).
• Net income: CN¥96.7m (up 78% from 2Q 2023).
• Profit margin: 5.9% (up from 4.2% in 2Q 2023).
• EPS: CN¥0.084 (up from CN¥0.047 in 2Q 2023).

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

Jiangsu Azure Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Logistics industry in China.

Performance of the Chinese Logistics industry.

The company's shares are down 1.1% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Jiangsu Azure that you should be aware of before investing here.

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