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Tingyi (Cayman Islands) Holding First Half 2024 Earnings: EPS: CN¥0.34 (vs CN¥0.29 in 1H 2023)
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Tingyi (Cayman Islands) Holding (HKG:322) First Half 2024 Results

Key Financial Results

  • Revenue: CN¥41.2b (flat on 1H 2023).
  • Net income: CN¥1.89b (up 15% from 1H 2023).
  • Profit margin: 4.6% (up from 4.0% in 1H 2023).
  • EPS: CN¥0.34 (up from CN¥0.29 in 1H 2023).
earnings-and-revenue-growth
SEHK:322 Earnings and Revenue Growth September 4th 2024

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

Tingyi (Cayman Islands) Holding Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Food industry in Hong Kong.

Performance of the Hong Kong Food industry.

The company's shares are up 2.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Tingyi (Cayman Islands) Holding 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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