HBIS Reports Second Quarter 2024 Earnings

Simply Wall St · 09/01 00:46

HBIS (SZSE:000709) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥29.1b (down 11% from 2Q 2023).
  • Net income: CN¥254.1m (flat on 2Q 2023).
  • Profit margin: 0.9% (in line with 2Q 2023).
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SZSE:000709 Earnings and Revenue Growth September 1st 2024

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

HBIS Earnings Insights

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China.

Performance of the Chinese Metals and Mining industry.

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

Risk Analysis

You should learn about the 3 warning signs we've spotted with HBIS (including 1 which is a bit unpleasant).