China Travel International Investment Hong Kong First Half 2024 Earnings: EPS: HK$0.011 (vs HK$0.04 in 1H 2023)

China Travel International Investment Hong Kong (HKG:308) First Half 2024 Results

Key Financial Results

• Revenue: HK$2.14b (up 4.0% from 1H 2023).
• Net income: HK$63.2m (down 72% from 1H 2023).
• Profit margin: 3.0% (down from 11% in 1H 2023).
• EPS: HK$0.011 (down from HK$0.04 in 1H 2023).

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

China Travel International Investment Hong Kong Earnings Insights

Looking ahead, revenue is forecast to grow 8.5% 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 down 4.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for China Travel International Investment Hong Kong that we have uncovered.

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