Shanghai Pudong ConstructionLtd (SHSE:600284) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥17.7b (up 26% from FY 2022).
- Net income: CN¥577.1m (up 1.7% from FY 2022).
- Profit margin: 3.3% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.59 (up from CN¥0.58 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai Pudong ConstructionLtd Earnings Insights
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in China.
Performance of the Chinese Construction industry.
The company’s shares are down 1.5% from a week ago.
Risk Analysis
Before we wrap up, we’ve discovered 1 warning sign for Shanghai Pudong ConstructionLtd that you should be aware of.
