World Precision Machinery Full Year 2024 Earnings: EPS: CN¥0.017 (vs CN¥0.015 in FY 2023)
World Precision Machinery (SGX:B49) reported its Full Year 2024 results, showing a revenue of CN¥1.02 billion, down 5.5% from FY 2023, but net income increased by 16% to CN¥6.98 million. The earnings per share (EPS) rose to CN¥0.017 from CN¥0.015 in FY 2023, with a profit margin improvement to 0.7%. However, shares have declined by 4.3% over the past week, and there are four warning signs to consider regarding the company's performance.
World Precision Machinery (SGX:B49) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥1.02b (down 5.5% from FY 2023).
- Net income: CN¥6.98m (up 16% from FY 2023).
- Profit margin: 0.7% (up from 0.6% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥0.017 (up from CN¥0.015 in FY 2023).
Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.
All figures shown in the chart above are for the trailing 12 month (TTM) period
World Precision Machinery shares are down 4.3% from a week ago.
Risk Analysis
It is worth noting though that we have found 4 warning signs for World Precision Machinery (3 can't be ignored!) that you need to take into consideration.
If you're looking to trade World Precision Machinery, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.
With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.
Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.
Sponsored Content
