Persistence Resources Group Third Quarter 2024 Earnings: EPS: CN¥0.014 (vs CN¥0.005 in 3Q 2023)

Persistence Resources Group (HKG:2489) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥128.7m (up 38% from 3Q 2023).
• Net income: CN¥28.3m (up 104% from 3Q 2023).
• Profit margin: 22% (up from 15% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.014 (up from CN¥0.005 in 3Q 2023).

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

Persistence Resources Group shares are up 3.6% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Persistence Resources Group's balance sheet.

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