China Everbright Environment Group First Half 2024 Earnings: EPS: HK$0.40 (vs HK$0.45 in 1H 2023)

Simply Wall St·09/22/2024 00:32:50

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China Everbright Environment Group (HKG:257) First Half 2024 Results

Key Financial Results

Revenue: HK$15.6b (down 4.2% from 1H 2023).
Net income: HK$2.45b (down 12% from 1H 2023).
Profit margin: 16% (down from 17% in 1H 2023). The decrease in margin was driven by lower revenue.
EPS: HK$0.40 (down from HK$0.45 in 1H 2023).

earnings-and-revenue-growth — SEHK:257 Earnings and Revenue Growth September 22nd 2024

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

China Everbright Environment Group Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.9% growth forecast for the Commercial Services industry in Hong Kong.

Performance of the Hong Kong Commercial Services industry.

The company's shares are up 6.2% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with China Everbright Environment Group (including 1 which is concerning).

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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.

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