Bank of Zhengzhou Full Year 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.15 in FY 2023)

Bank of Zhengzhou (HKG:6196) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥5.71b (up 1.5% from FY 2023).
• Net income: CN¥1.88b (up 37% from FY 2023).
• Profit margin: 33% (up from 24% in FY 2023). The increase in margin was primarily driven by lower expenses.
• EPS: CN¥0.15.

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Bank of Zhengzhou Earnings Insights

Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in Hong Kong.

Performance of the Hong Kong Banks industry.

The company's shares are down 5.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Bank of Zhengzhou you should know about.

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