CSC Financial Third Quarter 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.17 in 3Q 2023)

CSC Financial (HKG:6066) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.82b (down 2.1% from 3Q 2023).
• Net income: CN¥1.99b (up 6.4% from 3Q 2023).
• Profit margin: 41% (up from 38% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.15.

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

CSC Financial Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Capital Markets industry in Hong Kong.

Performance of the Hong Kong Capital Markets industry.

The company's shares are up 16% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for CSC Financial you should be aware of.

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