China Shenhua Energy Second Quarter 2024 Earnings: EPS: CN¥0.76 (vs CN¥0.81 in 2Q 2023)

China Shenhua Energy (HKG:1088) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥80.4b (down 2.4% from 2Q 2023).
• Net income: CN¥15.0b (down 7.2% from 2Q 2023).
• Profit margin: 19% (in line with 2Q 2023).
• EPS: CN¥0.76 (down from CN¥0.81 in 2Q 2023).

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

China Shenhua Energy Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Hong Kong.

Performance of the Hong Kong Oil and Gas industry.

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

Risk Analysis

We should say that we've discovered 1 warning sign for China Shenhua Energy that you should be aware of before investing here.

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