Shenzhen Investment First Half 2024 Earnings: HK$0.12 loss per share (vs HK$0.013 loss in 1H 2023)

Simply Wall St · 09/27 22:44

Shenzhen Investment (HKG:604) First Half 2024 Results

Key Financial Results

  • Revenue: HK$3.76b (down 38% from 1H 2023).
  • Net loss: HK$1.10b (loss widened by HK$984.5m from 1H 2023).
  • HK$0.12 loss per share (further deteriorated from HK$0.013 loss in 1H 2023).
earnings-and-revenue-history
SEHK:604 Earnings and Revenue History September 27th 2024

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

Shenzhen Investment Earnings Insights

Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Real Estate industry in Hong Kong.

Performance of the Hong Kong Real Estate industry.

The company's shares are up 26% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Shenzhen Investment you should be aware of.