- New Zealand
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- NZSE:CDI
CDL Investments New Zealand First Half 2024 Earnings: EPS: NZ$0.009 (vs NZ$0.017 in 1H 2023)
CDL Investments New Zealand (NZSE:CDI) First Half 2024 Results
Key Financial Results
- Revenue: NZ$16.6m (up 39% from 1H 2023).
- Net income: NZ$2.74m (down 45% from 1H 2023).
- Profit margin: 17% (down from 42% in 1H 2023). The decrease in margin was driven by higher expenses.
- EPS: NZ$0.009 (down from NZ$0.017 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CDL Investments New Zealand shares are down 1.3% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for CDL Investments New Zealand that we have uncovered.
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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 NZSE:CDI
CDL Investments New Zealand
Together with its subsidiary, CDL Land New Zealand Limited engages in the investment, development, management, and sale of residential land properties in New Zealand.
Flawless balance sheet second-rate dividend payer.