Red Star Macalline Group (HKG:1528) Second Quarter 2024 Results
Key Financial Results
- Net income: CN¥370.2m (up by CN¥365.4m from 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Red Star Macalline Group Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.2% growth forecast for the Real Estate industry in Hong Kong.
Performance of the Hong Kong Real Estate industry.
The company's shares are down 7.5% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Red Star Macalline Group that you should be aware of.
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About SEHK:1528
Moderate growth potential and slightly overvalued.
