J&T Global Express (HKG:1519) H1 2024 Results
Key financial results
- Revenue: $4.86 billion (up 21% from H1 2023).
- Net profit: USD 27.6 million (after a loss of USD 641.0 million in H1 2023).
- Profit margin: 0.6% (after the net loss in H1 2023).
- Earnings per share: $0.003 (after a loss of $0.21 in H1 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
Insights into J&T Global Express’s results
An average sales growth of 15% per annum is expected for the next three years. In contrast, growth of 10% is forecast for the logistics industry in Hong Kong.
Performance of Logistics industry in Hong Kong.
The company’s shares fell 1.8 percent compared to the previous week.
Balance sheet analysis
Just as investors need to consider earnings, it is also important to consider the strength of a company’s balance sheet. See our latest analysis on the balance sheet health of J&T Global Express.
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