China Lesso Group Holdings First Half 2024 Earnings: EPS: CN¥0.34 (vs CN¥0.48 in 1H 2023)

Simply Wall St · 09/01 02:55

China Lesso Group Holdings (HKG:2128) First Half 2024 Results

Key Financial Results

  • Revenue: CN¥13.6b (down 11% from 1H 2023).
  • Net income: CN¥1.04b (down 30% from 1H 2023).
  • Profit margin: 7.7% (down from 9.8% in 1H 2023). The decrease in margin was driven by lower revenue.
  • EPS: CN¥0.34 (down from CN¥0.48 in 1H 2023).
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SEHK:2128 Earnings and Revenue Growth September 1st 2024

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

China Lesso Group Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Building industry in Asia.

Performance of the market in Hong Kong.

The company's shares are down 1.8% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for China Lesso Group Holdings that you should be aware of before investing here.