China Chengtong Development Group First Half 2024 Earnings: EPS: HK$0.004 (vs HK$0.007 in 1H 2023)

China Chengtong Development Group (HKG:217) First Half 2024 Results

Key Financial Results

• Revenue: HK$323.5m (down 13% from 1H 2023).
• Net income: HK$26.7m (down 31% from 1H 2023).
• Profit margin: 8.3% (down from 10% in 1H 2023). The decrease in margin was driven by lower revenue.
• EPS: HK$0.004 (down from HK$0.007 in 1H 2023).

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

China Chengtong Development Group's share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with China Chengtong Development Group (at least 2 which are a bit concerning), and understanding them should be part of your investment process.

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