Stock Analysis
- Hong Kong
- /
- Oil and Gas
- /
- SEHK:1138
COSCO SHIPPING Energy Transportation First Quarter 2024 Earnings: EPS: CN¥0.26 (vs CN¥0.23 in 1Q 2023)
COSCO SHIPPING Energy Transportation (HKG:1138) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥5.84b (up 3.7% from 1Q 2023).
- Net income: CN¥1.24b (up 13% from 1Q 2023).
- Profit margin: 21% (up from 20% in 1Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.26 (up from CN¥0.23 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
COSCO SHIPPING Energy Transportation Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Hong Kong are expected to remain flat.
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 2 warning signs for COSCO SHIPPING Energy Transportation that you should be aware of before investing here.
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About SEHK:1138
COSCO SHIPPING Energy Transportation
COSCO SHIPPING Energy Transportation Co., Ltd., an investment holding company, engages in the shipment of oil, liquefied natural gas (LNG), and chemicals along the coast of the People’s Republic of China and internationally.
Solid track record with reasonable growth potential.