- Hong Kong
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- Consumer Services
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- SEHK:1769
Scholar Education Group First Half 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.077 in 1H 2023)
Scholar Education Group (HKG:1769) First Half 2024 Results
Key Financial Results
- Revenue: CN¥399.1m (up 59% from 1H 2023).
- Net income: CN¥82.7m (up 93% from 1H 2023).
- Profit margin: 21% (up from 17% in 1H 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.15 (up from CN¥0.077 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Scholar Education Group Earnings Insights
Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Consumer Services industry in Hong Kong.
Performance of the Hong Kong Consumer Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Scholar Education Group you should know about.
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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:1769
Scholar Education Group
An investment holding company, provides K-12 after-school education services in the People’s Republic of China.
Flawless balance sheet with acceptable track record.