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CSC Financial Third Quarter 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.17 in 3Q 2023)
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CSC Financial (HKG:6066) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥4.82b (down 2.1% from 3Q 2023).
  • Net income: CN¥1.99b (up 6.4% from 3Q 2023).
  • Profit margin: 41% (up from 38% in 3Q 2023). The increase in margin was driven by lower expenses.
  • EPS: CN¥0.15.
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SEHK:6066 Earnings and Revenue Growth November 6th 2024

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

CSC Financial Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Capital Markets industry in Hong Kong.

Performance of the Hong Kong Capital Markets industry.

The company's shares are up 16% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for CSC Financial 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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