Anton Oilfield Services Group First Half 2024 Earnings: EPS: CN¥0.037 (vs CN¥0.033 in 1H 2023)

Anton Oilfield Services Group (HKG:3337) First Half 2024 Results

Key Financial Results

• Revenue: CN¥2.18b (up 15% from 1H 2023).
• Net income: CN¥105.9m (up 8.2% from 1H 2023).
• Profit margin: 4.9% (down from 5.2% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.037 (up from CN¥0.033 in 1H 2023).

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

Anton Oilfield Services Group Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Energy Services industry in Asia.

Performance of the market in Hong Kong.

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

Risk Analysis

You still need to take note of risks, for example - Anton Oilfield Services Group has 2 warning signs we think you should be aware of.

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