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- SEHK:1615
AB Builders Group First Half 2024 Earnings: EPS: MO$0.006 (vs MO$0.012 loss in 1H 2023)
AB Builders Group (HKG:1615) First Half 2024 Results
Key Financial Results
- Revenue: MO$58.9m (down 24% from 1H 2023).
- Net income: MO$3.83m (up from MO$7.14m loss in 1H 2023).
- Profit margin: 6.5% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses.
- EPS: MO$0.006 (up from MO$0.012 loss in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AB Builders Group shares are down 1.6% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for AB Builders Group that you should be aware of before investing here.
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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.
About SEHK:1615
AB Builders Group
An investment holding company, engages in the provision of construction services in Macau, the People’s Republic of China, and Hong Kong.
Flawless balance sheet with questionable track record.
