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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