Luolai Lifestyle Technology (SZSE:002293) 2024 Q3 Results
Main financial results
Revenue: CAD 1.10 billion (down 16% from Q3 2023). Net income: CAD 103 million (down 22% from Q3 2023). Profit margin: 9.4% (same as Q3 2023). EPS: CN¥0.12 (down from CN¥0.16 in Q3 2023). SZSE:002293 Earnings and Revenue Growth October 29, 2024
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Insights into Raku Lifestyle Technology Revenue
Looking ahead, revenues are expected to grow at an average annual rate of 8.2% over the next three years, compared to a growth forecast of 12% for China’s luxury goods industry.
Performance of China’s luxury goods industry.
The company’s stock rose 3.1% from the previous week.
risk analysis
What about risks? Every company has them, and we’ve spotted 1 warning sign for Luorai Lifestyle Technology you should know about.
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This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
