Fu Shou Yuan International Group First Half 2024 Earnings: EPS: CN¥0.13 (vs CN¥0.20 in 1H 2023)

Fu Shou Yuan International Group (HKG:1448) First Half 2024 Results

Key Financial Results

• Revenue: CN¥1.10b (down 28% from 1H 2023).
• Net income: CN¥298.8m (down 36% from 1H 2023).
• Profit margin: 27% (down from 31% in 1H 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.13 (down from CN¥0.20 in 1H 2023).

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

Fu Shou Yuan International Group Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Consumer Services industry in Hong Kong.

Performance of the Hong Kong Consumer Services industry.

The company's shares are up 2.4% 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. We've done some analysis and you can see our take on Fu Shou Yuan International Group's balance sheet.

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