- China
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- Professional Services
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- SHSE:600662
Shanghai Foreign Service Holding Group Second Quarter 2024 Earnings: EPS: CN¥0.074 (vs CN¥0.071 in 2Q 2023)
Shanghai Foreign Service Holding Group (SHSE:600662) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥5.17b (up 13% from 2Q 2023).
- Net income: CN¥170.3m (up 4.9% from 2Q 2023).
- Profit margin: 3.3% (down from 3.6% in 2Q 2023).
- EPS: CN¥0.074 (up from CN¥0.071 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai Foreign Service Holding Group Earnings Insights
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Professional Services industry in China.
Performance of the Chinese Professional Services industry.
The company's shares are down 3.4% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Shanghai Foreign Service Holding Group has 2 warning signs we think 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.
About SHSE:600662
Shanghai Foreign Service Holding Group
Shanghai Foreign Service Holding Group Co., Ltd.
Flawless balance sheet established dividend payer.