SY Holdings Group First Half 2024 Earnings: EPS: CN¥0.16 (vs CN¥0.18 in 1H 2023)

SY Holdings Group (HKG:6069) First Half 2024 Results

Key Financial Results

• Revenue: CN¥436.1m (down 12% from 1H 2023).
• Net income: CN¥155.3m (down 11% from 1H 2023).
• Profit margin: 36% (in line with 1H 2023).
• EPS: CN¥0.16 (down from CN¥0.18 in 1H 2023).

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

SY Holdings Group Earnings Insights

Looking ahead, revenue is expected to decline by 1.3% p.a. on average during the next 2 years, while revenues in the Diversified Financial industry in Hong Kong are expected to grow by 13%.

Performance of the Hong Kong Diversified Financial industry.

The company's shares are up 5.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for SY Holdings Group (1 is potentially serious!) that you should be aware of.

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