Yankuang Energy Group Third Quarter 2024 Earnings: EPS: CN¥0.65 (vs CN¥0.53 in 3Q 2023)

Yankuang Energy Group (HKG:1171) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥34.3b (down 32% from 3Q 2023).
• Net income: CN¥3.84b (down 28% from 3Q 2023).
• Profit margin: 11% (in line with 3Q 2023).
• EPS: CN¥0.65.

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

Yankuang Energy Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Hong Kong are expected to remain flat.

Performance of the Hong Kong Oil and Gas industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Yankuang Energy Group is showing 4 warning signs in our investment analysis and 2 of those are potentially serious...

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