Xinhua Winshare Publishing and Media Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.14 in 3Q 2023)

Xinhua Winshare Publishing and Media (HKG:811) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥2.65b (up 3.4% from 3Q 2023).
• Net income: CN¥175.4m (down 1.6% from 3Q 2023).
• Profit margin: 6.6% (down from 7.0% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.14 (down from CN¥0.14 in 3Q 2023).

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

Xinhua Winshare Publishing and Media Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Media industry in Hong Kong.

Performance of the Hong Kong Media industry.

The company's shares are down 5.0% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Xinhua Winshare Publishing and Media.

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