Stock Analysis
- Hong Kong
- /
- Transportation
- /
- SEHK:2169
Canggang Railway First Half 2024 Earnings: EPS: CN¥0.007 (vs CN¥0.008 in 1H 2023)
Canggang Railway (HKG:2169) First Half 2024 Results
Key Financial Results
- Revenue: CN¥132.1m (down 26% from 1H 2023).
- Net income: CN¥26.4m (down 15% from 1H 2023).
- Profit margin: 20% (up from 18% in 1H 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥0.007 (down from CN¥0.008 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Canggang Railway shares are up 7.1% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Canggang Railway has 1 warning sign we think you should be aware of.
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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.
About SEHK:2169
Canggang Railway
Engages in the provision of rail freight transportation and ancillary services in the People’s Republic of China.