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Infinity Development Holdings First Half 2024 Earnings: EPS: HK$0.073 (vs HK$0.049 in 1H 2023)
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Infinity Development Holdings (HKG:640) First Half 2024 Results

Key Financial Results

  • Revenue: HK$332.5m (down 7.3% from 1H 2023).
  • Net income: HK$41.0m (up 49% from 1H 2023).
  • Profit margin: 12% (up from 7.7% in 1H 2023). The increase in margin was driven by lower expenses.
  • EPS: HK$0.073 (up from HK$0.049 in 1H 2023).
earnings-and-revenue-history
SEHK:640 Earnings and Revenue History June 29th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Infinity Development Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Infinity Development Holdings you should be aware of.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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