Zhuhai Huafa PropertiesLtd Second Quarter 2024 Earnings: EPS: CN¥0.33 (vs CN¥0.65 in 2Q 2023)

Simply Wall St · 09/01 00:07

Zhuhai Huafa PropertiesLtd (SHSE:600325) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥17.8b (down 8.6% from 2Q 2023).
  • Net income: CN¥915.6m (down 34% from 2Q 2023).
  • Profit margin: 5.1% (down from 7.1% in 2Q 2023).
  • EPS: CN¥0.33 (down from CN¥0.65 in 2Q 2023).
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SHSE:600325 Earnings and Revenue Growth September 1st 2024

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

Zhuhai Huafa PropertiesLtd Earnings Insights

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Real Estate industry in China.

Performance of the Chinese Real Estate industry.

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

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 5 warning signs for Zhuhai Huafa PropertiesLtd (1 is potentially serious) you should be aware of.