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China State Construction Development Holdings First Half 2024 Earnings: EPS: HK$0.24 (vs HK$0.19 in 1H 2023)
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China State Construction Development Holdings (HKG:830) First Half 2024 Results

Key Financial Results

  • Revenue: HK$4.72b (flat on 1H 2023).
  • Net income: HK$550.5m (up 26% from 1H 2023).
  • Profit margin: 12% (up from 9.3% in 1H 2023).
  • EPS: HK$0.24 (up from HK$0.19 in 1H 2023).
earnings-and-revenue-growth
SEHK:830 Earnings and Revenue Growth September 16th 2024

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

China State Construction Development Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Building industry in Asia.

Performance of the market in Hong Kong.

The company's shares are down 6.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for China State Construction Development Holdings 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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