Beijing Enterprises Holdings First Half 2024 Earnings: EPS: CN¥2.50 (vs CN¥3.32 in 1H 2023)

Beijing Enterprises Holdings (HKG:392) First Half 2024 Results

Key Financial Results

• Revenue: CN¥42.3b (down 2.8% from 1H 2023).
• Net income: CN¥3.15b (down 25% from 1H 2023).
• Profit margin: 7.4% (down from 9.6% in 1H 2023).
• EPS: CN¥2.50 (down from CN¥3.32 in 1H 2023).

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

Beijing Enterprises Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Gas Utilities industry in Hong Kong.

Performance of the Hong Kong Gas Utilities industry.

The company's share price is broadly unchanged from a week ago.

Valuation

It's possible that Beijing Enterprises Holdings could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

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