Fufeng Group (HKG:546) First Half 2024 Results
Key Financial Results
- Revenue: CN¥13.4b (down 1.6% from 1H 2023).
- Net income: CN¥1.04b (down 32% from 1H 2023).
- Profit margin: 7.8% (down from 11% in 1H 2023). The decrease in margin was primarily driven by higher expenses.
- EPS: CN¥0.41 (down from CN¥0.61 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fufeng Group Earnings Insights
Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Chemicals industry in Hong Kong.
Performance of the Hong Kong Chemicals industry.
The company's shares are down 3.2% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Fufeng Group that you should be aware of.
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