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Western Regions Tourism DevelopmentLtd Second Quarter 2024 Earnings: EPS: CN¥0.26 (vs CN¥0.30 in 2Q 2023)
Western Regions Tourism DevelopmentLtd (SZSE:300859) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥87.3m (up 4.4% from 2Q 2023).
- Net income: CN¥41.3m (down 5.4% from 2Q 2023).
- Profit margin: 47% (down from 52% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.26 (down from CN¥0.30 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Western Regions Tourism DevelopmentLtd Earnings Insights
Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in China.
Performance of the Chinese Hospitality industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Western Regions Tourism DevelopmentLtd that we have uncovered.
Valuation is complex, but we're here to simplify it.
Discover if Western Regions Tourism DevelopmentLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SZSE:300859
Western Regions Tourism DevelopmentLtd
Provides tourism and travel services in China.
Exceptional growth potential with solid track record.