Stock Analysis

Fosun Tourism Group First Half 2024 Earnings: EPS: CN¥0.26 (vs CN¥0.38 in 1H 2023)

SEHK:1992
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Fosun Tourism Group (HKG:1992) First Half 2024 Results

Key Financial Results

  • Revenue: CN¥9.41b (up 5.8% from 1H 2023).
  • Net income: CN¥321.8m (down 32% from 1H 2023).
  • Profit margin: 3.4% (down from 5.3% in 1H 2023).
  • EPS: CN¥0.26 (down from CN¥0.38 in 1H 2023).
earnings-and-revenue-growth
SEHK:1992 Earnings and Revenue Growth September 28th 2024

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

Fosun Tourism Group Earnings Insights

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong.

Performance of the Hong Kong Hospitality industry.

The company's shares are up 21% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Fosun Tourism Group (including 1 which is a bit concerning).

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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.