Sign up
Log in
CSC Financial Reports Second Quarter 2024 Earnings
Share
Listen to the news

CSC Financial (HKG:6066) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥5.22b (down 22% from 2Q 2023).
  • Net income: CN¥1.63b (up 18% from 2Q 2023).
  • Profit margin: 31% (up from 21% in 2Q 2023).
earnings-and-revenue-growth
SEHK:6066 Earnings and Revenue Growth September 2nd 2024

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

CSC Financial Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Capital Markets industry in Hong Kong.

Performance of the Hong Kong Capital Markets industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for CSC Financial (1 shouldn't be ignored!) that 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.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.