Shanghai International Airport (SHSE:600009) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥3.13b (up 2.5% from 3Q 2023).
- Net income: CN¥386.8m (up 6.2% from 3Q 2023).
- Profit margin: 12% (in line with 3Q 2023).
- EPS: CN¥0.15 (up from CN¥0.15 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai International Airport Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 30%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Infrastructure industry in China.
Performance of the Chinese Infrastructure industry.
The company’s share price is broadly unchanged from a week ago.
Risk Analysis
You still need to take note of risks, for example -…
