Zhaojin Mining Industry Third Quarter 2024 Earnings: EPS: CN¥0.13 (vs CN¥0.067 in 3Q 2023)

Zhaojin Mining Industry (HKG:1818) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.46b (up 18% from 3Q 2023).
• Net income: CN¥468.3m (up 105% from 3Q 2023).
• Profit margin: 14% (up from 7.8% in 3Q 2023).
• EPS: CN¥0.13 (up from CN¥0.067 in 3Q 2023).

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

Zhaojin Mining Industry Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Metals and Mining industry in Hong Kong.

Performance of the Hong Kong Metals and Mining industry.

The company's shares are down 8.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Zhaojin Mining Industry that you need to be mindful of.

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