China Overseas Property Holdings (HKG:2669) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥14.0b (up 7.5% from FY 2023).
- Net income: CN¥1.51b (up 13% from FY 2023).
- Profit margin: 11% (in line with FY 2023).
- EPS: CN¥0.46 (up from CN¥0.41 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Overseas Property Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 2.3%.
Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Real Estate industry in Hong Kong.
Performance of the Hong Kong Real Estate industry.
The company's shares are up 3.8% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on China Overseas Property Holdings' balance sheet health.
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