Seacon Shipping Group Holdings First Half 2024 Earnings: EPS: US$0.061 (vs US$0.025 in 1H 2023)

Seacon Shipping Group Holdings (HKG:2409) First Half 2024 Results

Key Financial Results

• Revenue: US$137.8m (up 16% from 1H 2023).
• Net income: US$30.7m (up 179% from 1H 2023).
• Profit margin: 22% (up from 9.3% in 1H 2023).
• EPS: US$0.061 (up from US$0.025 in 1H 2023).

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

Seacon Shipping Group Holdings shares are down 2.1% from a week ago.

Risk Analysis

Be aware that Seacon Shipping Group Holdings is showing 3 warning signs in our investment analysis and 2 of those are a bit concerning...

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