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

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).

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.

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