Chinney Alliance Group First Half 2024 Earnings: EPS: HK$0.036 (vs HK$0.10 loss in 1H 2023)

Chinney Alliance Group (HKG:385) First Half 2024 Results

Key Financial Results

• Revenue: HK$3.45b (up 36% from 1H 2023).
• Net income: HK$21.5m (up from HK$59.8m loss in 1H 2023).
• Profit margin: 0.6% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue.
• EPS: HK$0.036 (up from HK$0.10 loss in 1H 2023).

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

Chinney Alliance Group shares are down 7.9% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Chinney Alliance Group (at least 1 which can't be ignored), and understanding them should be part of your investment process.

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