Guangshen Railway Third Quarter 2024 Earnings: EPS: CN¥0.042 (vs CN¥0.048 in 3Q 2023)

Guangshen Railway (HKG:525) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥7.11b (up 4.5% from 3Q 2023).
• Net income: CN¥296.9m (down 13% from 3Q 2023).
• Profit margin: 4.2% (down from 5.0% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.042 (down from CN¥0.048 in 3Q 2023).

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

Guangshen Railway Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Transportation industry in Asia.

Performance of the market in Hong Kong.

The company's shares are down 7.3% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Guangshen Railway, and understanding it should be part of your investment process.

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