China New City Group First Half 2024 Earnings: EPS: CN¥0.19 (vs CN¥0.033 loss in 1H 2023)

Simply Wall St·08/26/2024 06:53:21

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China New City Group (HKG:1321) First Half 2024 Results

Key Financial Results

Revenue: CN¥2.92b (up 257% from 1H 2023).
Net income: CN¥377.8m (up from CN¥66.7m loss in 1H 2023).
Profit margin: 13% (up from net loss in 1H 2023).
EPS: CN¥0.19 (up from CN¥0.033 loss in 1H 2023).

earnings-and-revenue-history — SEHK:1321 Earnings and Revenue History August 26th 2024

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

China New City Group's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for China New City Group that you should be aware of.

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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.

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