China Everbright Water (SGX:U9E) H1 2024 Results

Key financial results

• Sales: HK$3.35 billion (up 8.8% from H1 2023).

• Net profit: HK$581.1 million (8.1% lower than H1 2023).

• Profit margin: 17% (compared to 21% in H1 2023). The margin decline is due to higher expenses.

• Earnings per share: HK$0.20 (compared to HK$0.22 in H1 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

Insights into China Everbright Water’s earnings

Average sales growth of 6.3% per annum is expected for the next two years. In contrast, growth of 6.1% is forecast for the Asian water supply industry.

Development of the market in Singapore.

The company’s share price remained largely unchanged compared to the previous week.

Risk analysis

Find out about the 2 warning signs We have spotted Everbright Water near China (including 1 that is a bit unpleasant).

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