China Harmony Auto Holding First Half 2023 Earnings: EPS: CN¥0.14 (vs CN¥0.60 loss in 1H 2022)

China Harmony Auto Holding (HKG:3836) First Half 2023 Results

Key Financial Results

• Revenue: CN¥8.11b (up 2.1% from 1H 2022).
• Net income: CN¥201.2m (up from CN¥914.8m loss in 1H 2022).
• Profit margin: 2.5% (up from net loss in 1H 2022).
• EPS: CN¥0.14 (up from CN¥0.60 loss in 1H 2022).

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

China Harmony Auto Holding Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Specialty Retail industry in Hong Kong.

Performance of the Hong Kong Specialty Retail industry.

The company's shares are up 7.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for China Harmony Auto Holding that you should be aware of.

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