Dalian Demaishi Precision Technology (SZSE:301007) has announced its financial results for the first quarter of 2024, revealing positive performance. The company’s revenue increased by 25% compared to the same period in 2023, reaching CN¥168.8m. Net income also saw a significant increase of 65% from the previous year, totaling CN¥13.0m. This improvement in profit margin was driven by higher revenue and reached 7.7%, up from 5.9% in the first quarter of 2023. Additionally, earnings per share (EPS) rose to CN¥0.08 from CN¥0.05 in the same quarter last year.
The historical earnings and revenue trends for Dalian Demaishi Precision Technology are shown in the chart below, which covers the trailing 12-month period.
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It is important to remember that this analysis is based on historical data and analyst forecasts and should not be considered as financial advice. Simply Wall St aims to provide unbiased analysis driven by fundamental data with a long-term perspective.
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