China State Construction International Holdings (HKG:3311) First Half 2024 Results
Key Financial Results
- Revenue: HK$61.8b (up 12% from 1H 2023).
- Net income: HK$5.47b (up 13% from 1H 2023).
- Profit margin: 8.8% (in line with 1H 2023).
- EPS: HK$1.09 (up from HK$0.96 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China State Construction International Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Construction industry in Hong Kong.
Performance of the Hong Kong Construction industry.
The company's shares are down 2.5% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with China State Construction International Holdings (at least 1 which makes us a bit uncomfortable), and understanding these should be part of your investment process.
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