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Jinhui Shipping and Transportation Second Quarter 2024 Earnings: EPS: US$0.081 (vs US$0.06 loss in 2Q 2023)
Jinhui Shipping and Transportation (OB:JIN) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$48.4m (up 112% from 2Q 2023).
- Net income: US$8.82m (up from US$6.51m loss in 2Q 2023).
- Profit margin: 18% (up from net loss in 2Q 2023).
- EPS: US$0.081 (up from US$0.06 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jinhui Shipping and Transportation shares are up 3.1% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Jinhui Shipping and Transportation (2 are a bit concerning!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About OB:JIN
Jinhui Shipping and Transportation
An investment holding company, engages in ship chartering and owning activities internationally.
Excellent balance sheet and slightly overvalued.