ANE (Cayman) (HKG:9956) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥2.38b (up 15% from 1Q 2023).
- Net income: CN¥187.8m (up 326% from 1Q 2023).
- Profit margin: 7.9% (up from 2.1% in 1Q 2023). The increase in margin was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
ANE (Cayman) Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Transportation industry in Asia.
Performance of the market in Hong Kong.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on ANE (Cayman)'s balance sheet health.
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