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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