Sichuan Mingxing Electric Power Second Quarter 2024 Earnings: EPS: CN¥0.027 (vs CN¥0.08 in 2Q 2023)

Sichuan Mingxing Electric Power (SHSE:600101) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥626.9m (down 2.7% from 2Q 2023).
• Net income: CN¥14.9m (down 66% from 2Q 2023).
• Profit margin: 2.4% (down from 6.8% in 2Q 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: CN¥0.027 (down from CN¥0.08 in 2Q 2023).

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

Sichuan Mingxing Electric Power shares are down 7.5% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Sichuan Mingxing Electric Power (including 1 which is a bit concerning).

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