Earnings Alerts

Yihai Kerry Arawana Holdings C (300999) Earnings: 1H Net Income Jumps 14% to 1.1B Yuan Despite Revenue Dip

  • Net Income: Arawana reported a net income of 1.1 billion yuan for the first half of 2024.
  • Year-over-Year Growth: Net income increased by 14% compared to the same period last year, which was 965.7 million yuan.
  • Revenue Decline: Revenue for the period was 109.5 billion yuan, down by 7.8% from the previous year.
  • Earnings Per Share (EPS): EPS rose to 20 RMB cents from 18 RMB cents year-over-year.
  • Analyst Ratings: 7 analysts have given a buy rating, 0 holds and 1 sell rating for Arawana.
  • Comparative Data: All comparisons are based on values reported from the company’s original disclosures.

A look at Yihai Kerry Arawana Holdings C Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Yihai Kerry Arawana Holdings C, a company specializing in wholesaling and distributing food products, is positioned for a bright long-term future based on Smartkarma’s Smart Scores. With an impressive score in the Value category, the company demonstrates strong fundamentals and potential for growth. Additionally, its high Momentum score indicates positive market momentum that could lead to further success in the future. While the Dividend and Growth scores are not as high, Yihai Kerry Arawana Holdings C‘s overall outlook remains promising due to its resilience and solid performance in key areas.

Yihai Kerry Arawana Holdings Co., Ltd engages in wholesaling and distributing a variety of food products, kitchen foods, feed raw materials, oil technology products, and more. The company also has investment businesses as part of its operations. With favorable scores in key areas like Value and Momentum, Yihai Kerry Arawana Holdings C appears to be well-positioned for continued success and growth in the long run, making it a company to watch in the competitive food distribution industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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