Qingdao Port International Second Quarter 2024 Earnings: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2023)

Simply Wall St · 08/31 01:18

Qingdao Port International (HKG:6198) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥4.64b (flat on 2Q 2023).
  • Net income: CN¥1.32b (up 1.6% from 2Q 2023).
  • Profit margin: 29% (in line with 2Q 2023).
  • EPS: CN¥0.21 (up from CN¥0.20 in 2Q 2023).
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SEHK:6198 Earnings and Revenue Growth August 31st 2024

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

Qingdao Port International Earnings Insights

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Infrastructure industry in Hong Kong.

Performance of the Hong Kong Infrastructure industry.

The company's shares are down 2.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Qingdao Port International that you should be aware of.