C&D International Investment Group First Half 2024 Earnings: EPS: CN¥0.47 (vs CN¥0.80 in 1H 2023)

C&D International Investment Group (HKG:1908) First Half 2024 Results

Key Financial Results

• Revenue: CN¥32.8b (up 35% from 1H 2023).
• Net income: CN¥817.1m (down 36% from 1H 2023).
• Profit margin: 2.5% (down from 5.3% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.47 (down from CN¥0.80 in 1H 2023).

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

C&D International Investment Group Earnings Insights

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Real Estate industry in Hong Kong.

Performance of the Hong Kong Real Estate industry.

The company's shares are down 12% from a week ago.

Valuation

C&D International Investment Group's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.