- China
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- Marine and Shipping
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- SHSE:603162
Fujian Highton Development Second Quarter 2024 Earnings: EPS: CN¥0.17 (vs CN¥0.063 in 2Q 2023)
Fujian Highton Development (SHSE:603162) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥889.0m (up 121% from 2Q 2023).
- Net income: CN¥152.3m (up 168% from 2Q 2023).
- Profit margin: 17% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.17 (up from CN¥0.063 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fujian Highton Development shares are up 2.2% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Fujian Highton Development you should be aware of, and 1 of them doesn't sit too well with us.
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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.
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About SHSE:603162
Fujian Highton Development
Engages in the coastal and international ocean dry bulk transportation business in China and internationally.
Flawless balance sheet low.