China Resources Mixc Lifestyle Services First Half 2024 Earnings: EPS: CN¥0.84 (vs CN¥0.61 in 1H 2023)

Simply Wall St · 09/29 00:45

China Resources Mixc Lifestyle Services (HKG:1209) First Half 2024 Results

Key Financial Results

  • Revenue: CN¥7.96b (up 17% from 1H 2023).
  • Net income: CN¥1.91b (up 36% from 1H 2023).
  • Profit margin: 24% (up from 21% in 1H 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.84 (up from CN¥0.61 in 1H 2023).
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SEHK:1209 Earnings and Revenue Growth September 29th 2024

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

China Resources Mixc Lifestyle Services Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Real Estate industry in Hong Kong.

Performance of the Hong Kong Real Estate industry.

The company's shares are up 22% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of China Resources Mixc Lifestyle Services' balance sheet and an in-depth analysis of the company's financial position.