Hengan International Group First Half 2024 Earnings: EPS: CN¥1.23 (vs CN¥1.06 in 1H 2023)

Hengan International Group (HKG:1044) First Half 2024 Results

Key Financial Results

• Revenue: CN¥11.8b (down 3.0% from 1H 2023).
• Net income: CN¥1.41b (up 15% from 1H 2023).
• Profit margin: 12% (up from 10.0% in 1H 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥1.23 (up from CN¥1.06 in 1H 2023).

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

Hengan International Group Earnings Insights

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Personal Products industry in Asia.

Performance of the market in Hong Kong.

The company's shares are down 8.9% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Hengan International Group could be a good place to look. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

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