Liaoning Port (HKG:2880) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥2.49b (down 11% from 2Q 2023).
- Net income: CN¥81.5m (down 66% from 2Q 2023).
- Profit margin: 3.3% (down from 8.6% in 2Q 2023). The decrease in margin was driven by lower revenue.
- EPS: CN¥0.003 (down from CN¥0.01 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Liaoning Port shares are up 1.6% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Liaoning Port's balance sheet.
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