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Sumec's (SHSE:600710) Five-year Earnings Growth Trails the Strong Shareholder Returns
China Securities Co., Ltd. summarized the third quarter report on social services and trade: Pay attention to inflation expectations and seize supply improvements.
As of the end of October 2024, the trend of the beauty and care sector was -2.08%, commerce and retail -4.03%, consumer services -6.54%. Even though the recent market has shown signs of recovery, it still lags behind the csi 300 index.
We Think Sumec's (SHSE:600710) Solid Earnings Are Understated
Sumec's Q3 Profit Jumps 12% as Revenue Slips Nearly 2%
Third Quarter Report 2024
Sumec Corporation (600710.SH): Net income for the first three quarters was 1.001 billion yuan, a year-on-year increase of 12.03%.
Sumec Corporation (600710.SH) announced its third quarter report for 2024 on October 24th. The company's revenue for the first three quarters of the year was 86.941 billion yuan, a decrease of 9.50% year-on-year; the net income attributable to shareholders of the listed company was 1.001 billion yuan, an increase of 12.03% year-on-year; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.893 billion yuan, an increase of 27.28% year-on-year; the basic earnings per share was 0.77 yuan.
Investors Aren't Buying Sumec Corporation Limited's (SHSE:600710) Earnings
