Triumph New Energy (HKG:1108) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥715.9m (down 63% from 3Q 2023).
- Net loss: CN¥192.5m (down by 379% from CN¥69.1m profit in 3Q 2023).
- CN¥0.29 loss per share (down from CN¥0.11 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Triumph New Energy Earnings Insights
Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Building industry in Asia.
Performance of the market in Hong Kong.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Triumph New Energy that you should be aware of.
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