Juewei Meals (SHSE:603517) Third Quarter 2024 Outcomes
Key monetary outcomes
- Income: CN¥1.67 billion (down 13% from Q3 2023).
- Web revenue: CN¥142.6 million (down three.three% from Q3 2023).
- Revenue margin: eight.5% (vs. 7.6% in Q3 2023). The rise in margin was pushed by decrease bills.
- EPS: CN¥zero.22 (vs. CN¥zero.24 in Q3 2023).
All figures proven within the desk above correspond to the interval of the final 12 months (TTM)
Juewei Meals's income and earnings fail to fulfill expectations
Income missed analyst estimates by four.eight%. Earnings per share (EPS) additionally missed analyst estimates by 18%.
Trying forward, income is projected to develop 10% yearly on common over the following three years, in comparison with a projected 11% development for the meals business in China.
Efficiency of the Chinese language meals business.
The corporate's shares are up 21% in comparison with every week in the past.
Threat evaluation
What concerning the dangers? All firms have them and we have now detected 1 warning signal for Juewei Meals it is best to know.
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