Yangzijiang Shipbuilding (Holdings) First Half 2024 Earnings: EPS: CN¥0.77 (vs CN¥0.44 in 1H 2023)

Yangzijiang Shipbuilding (Holdings) (SGX:BS6) First Half 2024 Results

Key Financial Results

• Revenue: CN¥13.0b (up 15% from 1H 2023).
• Net income: CN¥3.06b (up 77% from 1H 2023).
• Profit margin: 23% (up from 15% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.77 (up from CN¥0.44 in 1H 2023).

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

Yangzijiang Shipbuilding (Holdings) Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Machinery industry in Singapore.

Performance of the Singaporean Machinery industry.

The company's shares are up 4.8% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Yangzijiang Shipbuilding (Holdings)'s balance sheet health.

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