Horizon Construction Development Limited Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next
Horizon Construction Development's 2024 Profit Slides 7%
HORIZON CD (09930) announced its annual performance, with Shareholder's attributable profit of 0.896 billion yuan, a year-on-year decrease of 6.87%.
HORIZON CD (09930) announced its annual performance for the year ending December 31, 2024, with the group achieving revenue...
HORIZON CD (09930.HK) reported a revenue increase of 21% for the fiscal year 2024, reaching 11.58 billion yuan, with a final dividend of 0.045 HKD per share.
On March 6, Gelonghui reported that HORIZON CD (09930.HK) announced its annual results for the year ending December 31, 2024. The group achieved revenue of approximately RMB 11.58 billion, a year-on-year increase of around 21%. The profit attributable to ordinary shareholders for the year was approximately RMB 0.9 billion, a slight decrease of about 7% compared to the previous year. The average return on total assets and average return on net assets were 2.6% and 8.1% respectively. A final dividend of HKD 0.045 per share is proposed. Under the guidance of the company's Global Strategy, the group promotes aerial work platforms, new support systems, new formwork systems, and road equipment, among others.
Express News | Horizon Construction Development - Recommends Declaration of Final Dividend of HK$0.045 per Share
Express News | Horizon Construction Development - FY Total Revenue of RMB11.58 Bln
HORIZON CD: ANNUAL RESULTS ANNOUNCEMENT FORTHE YEAR ENDED 31 DECEMBER 2024
Greater infrastructure support is "on the way". How elastic are the orders in the Construction Machinery Industry?
① This year's government work report further releases Bullish Signals, supporting "two重" construction with greater intensity; ② Orders for related Construction Machinery companies show signs of recovery after the Spring Festival, and after the start of several major Infrastructure projects this year, the order volume for machinery manufacturers is expected to rise.
Returns At Horizon Construction Development (HKG:9930) Appear To Be Weighed Down
HORIZON CD: Date of Board Meeting
HORIZON CD (09930.HK): Zhan Jing has been appointed as Executive Director and Chief Executive Officer.
Glory Network announced on December 30 that HORIZON CD (09930.HK) has stated that Pan Yang resigned from his position as Executive Director and Chief Executive Officer due to work arrangements, effective from December 30, 2024. On December 30, 2024, Zhan Jing was appointed as Executive Director and Chief Executive Officer, effective from December 30, 2024.
Express News | Horizon Construction Development - Pan Yang Resigned as Executive Director and CEO
Horizon Construction Development Limited (HKG:9930) Shares Could Be 32% Above Their Intrinsic Value Estimate
Horizon Construction Development Insiders Placed Bullish Bets Worth CN¥6.03m
Horizon CD (09930.HK) achieved year-on-year revenue growth in the first three quarters, with the number of global business outlets increasing to 563.
On October 21, 2024, Horizon CD (09930.HK) announced that since 2024, the group has adhered to a prudent development strategy, continuously consolidated its leading position in the domestic market, and accelerated the layout of overseas market business. During the nine-month period ending on September 30, 2024, the group's unaudited revenue achieved a year-on-year growth compared to the same period last year. As of the end of this review period, the group's global business network has increased to 563, with a platform management scale of over 214,800 units. The group continues to increase the expansion speed of overseas business, and by the end of this review period, it has already expanded to Southeast Asia, the Middle East, and 7 other regions.
Is Horizon Construction Development (HKG:9930) Using Too Much Debt?
Hongxin Jianfa (09930.HK) appointed Yuan Shaozhen as a non-executive director.
On September 12th, Guolonghui announced that Li Qianjin resigned from the position of non-executive director due to work arrangements, effective from September 12th, 2024. After resigning, Li Qianjin will no longer hold any position in the company. Furthermore, the board of directors announced that on September 12th, 2024, Yuan Shaozhen was appointed as a non-executive director, effective from September 12th, 2024.
HORIZON CD: 2024 INTERIM REPORT
Slowing Rates Of Return At Horizon Construction Development (HKG:9930) Leave Little Room For Excitement
Guosen Securities: Maintain a "shareholding" rating on FE Horizon with a target price of 11.96 Hong Kong dollars.
Guosen Securities released a research report stating that it maintains a "shareholding" rating for FE Horizon (03360), considering the negative impact of equity market volatility on investment income. The EPS forecast for 2024-2026 is lowered to RMB 1.22/1.40/1.76 respectively, while the target price remains at HKD 11.96. The company achieved a revenue of RMB 18.036 billion in the first half of 2024, a year-on-year decrease of 1.77%, and a net income attributable to shareholders of RMB 2.085 billion, a year-on-year decrease of 32.10%. The company implemented a mid-term dividend of HKD 0.25 per share, with a cash dividend rate of 47%. Guosen Securities' main viewpoint.