Flat Glass Group Third Quarter 2024 Earnings: CN¥0.085 loss per share (vs CN¥0.38 profit in 3Q 2023)

Flat Glass Group (HKG:6865) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.91b (down 37% from 3Q 2023).
• Net loss: CN¥203.0m (down by 123% from CN¥883.7m profit in 3Q 2023).
• CN¥0.085 loss per share (down from CN¥0.38 profit in 3Q 2023).

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

Flat Glass Group Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Hong Kong.

Performance of the Hong Kong Semiconductor industry.

The company's shares are up 24% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Flat Glass Group that you should be aware of.

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