China Everbright Environment Group First Half 2024 Earnings: EPS: HK$0.40 (vs HK$0.45 in 1H 2023)

China Everbright Environment Group (HKG:257) First Half 2024 Results

Key Financial Results

• Revenue: HK$15.6b (down 4.2% from 1H 2023).
• Net income: HK$2.45b (down 12% from 1H 2023).
• Profit margin: 16% (down from 17% in 1H 2023). The decrease in margin was driven by lower revenue.
• EPS: HK$0.40 (down from HK$0.45 in 1H 2023).

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

China Everbright Environment Group Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.9% growth forecast for the Commercial Services industry in Hong Kong.

Performance of the Hong Kong Commercial Services industry.

The company's shares are up 6.2% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with China Everbright Environment Group (including 1 which is concerning).

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