Stock Analysis

China Renewable Energy Investment First Half 2024 Earnings: EPS: HK$0.005 (vs HK$0.014 in 1H 2023)

SEHK:987
Source: Shutterstock

China Renewable Energy Investment (HKG:987) First Half 2024 Results

Key Financial Results

  • Revenue: HK$74.3m (down 24% from 1H 2023).
  • Net income: HK$11.7m (down 68% from 1H 2023).
  • Profit margin: 16% (down from 37% in 1H 2023).
  • EPS: HK$0.005 (down from HK$0.014 in 1H 2023).
earnings-and-revenue-history
SEHK:987 Earnings and Revenue History August 26th 2024

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

China Renewable Energy Investment shares are up 3.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for China Renewable Energy Investment (1 shouldn't be ignored) 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.