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 forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Diversified Financial industry in Hong Kong.

Performance of the Hong Kong Diversified Financial industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for SY Holdings Group (1 doesn't sit too well with us!) that you should be aware of before investing here.

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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.