Renrui Human Resources Technology Holdings (HKG:6919) First Half 2024 Results
Key Financial Results
- Revenue: CN¥2.48b (up 20% from 1H 2023).
- Net income: CN¥21.9m (up 117% from 1H 2023).
- Profit margin: 0.9% (up from 0.5% in 1H 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.14 (up from CN¥0.066 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Renrui Human Resources Technology Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Professional Services industry in Asia.
Performance of the market in Hong Kong.
The company's shares are down 8.0% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Renrui Human Resources Technology Holdings that you need to take into consideration.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.