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CALB Group First Half 2024 Earnings: In Line With Expectations
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CALB Group (HKG:3931) First Half 2024 Results

Key Financial Results

  • Revenue: CN¥12.5b (up 1.4% from 1H 2023).
  • Net income: CN¥249.0m (up 70% from 1H 2023).
  • Profit margin: 2.0% (up from 1.2% in 1H 2023).
  • EPS: CN¥0.14 (up from CN¥0.083 in 1H 2023).
earnings-and-revenue-growth
SEHK:3931 Earnings and Revenue Growth September 3rd 2024

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

CALB Group Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in Hong Kong.

Performance of the Hong Kong Auto Components industry.

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

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for CALB Group (of which 1 is potentially serious!) you should know about.

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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