Dalian Demaishi Precision Technology (SZSE:301007) reported its first quarter 2024 results, showing positive financial performance. The company’s revenue increased by 25% compared to the first quarter of 2023, reaching CN¥168.8m. Net income also saw a significant increase of 65% from the previous year, totaling CN¥13.0m. The profit margin improved to 7.7%, up from 5.9% in 1Q 2023, driven by higher revenue. Earnings per share (EPS) also rose to CN¥0.08 from CN¥0.05 in 1Q 2023.
Looking at the historical earnings and revenue trends for Dalian Demaishi Precision Technology, the figures shown in the chart are for the trailing 12-month period. The company’s shares have seen a 4.2% increase in value over the past week.
It is important to consider the risks associated with investing in Dalian Demaishi Precision Technology. By conducting a thorough risk analysis, investors can be better informed about potential warning signs. Understanding the valuation of the company is also crucial, and it is recommended to explore comprehensive analyses that include fair value estimates, risks, dividends, insider transactions, and financial health.
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