China CITIC Bank Third Quarter 2024 Earnings: EPS: CN¥0.29 (vs CN¥0.29 in 3Q 2023)

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China CITIC Bank (HKG:998) Third Quarter 2024 ResultsKey Financial Results Revenue: CN¥36.6b (up 13% from 3Q 2023). Net income: CN¥18.0b (up 5.7% from 3Q 2023). Profit margin: 49% (down from 53% in 3Q...

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Net income: CN¥18.0b (up 5.7% from 3Q 2023). Profit margin: 49% (down from 53% in 3Q...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/banks/hkg-998/china-citic-bank-shares/news/china-citic-bank-third-quarter-2024-earnings-eps-cn029-vs-cn\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CN","symbol_name":"Xtrackers MSCI All China Equity ETF","start_time":0,"source_url":"https://simplywall.st/stocks/hk/banks/hkg-998/china-citic-bank-shares/news/china-citic-bank-third-quarter-2024-earnings-eps-cn029-vs-cn","article_id":"2480101280","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/7012000-choice2-main-header/1585186732814"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480101280","pubTimestamp":1730413003,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"China CITIC Bank ( HKG:998 ) Third Quarter 2024 Results Key Financial Results Revenue: CN¥36.6b (up 13% from 3Q 2023...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CN":"Xtrackers MSCI All China Equity ETF","00267":"中信股份"},"translate_title":"中信银行2024年第三季度盈利：每股收益：0.29元人民币（2023年第三季度为0.29元人民币）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00267":1,"CN":1},"content_text":"China CITIC Bank (HKG:998) Third Quarter 2024 ResultsKey Financial Results Revenue: CN¥36.6b (up 13% from 3Q 2023). Net income: CN¥18.0b (up 5.7% from 3Q 2023). Profit margin: 49% (down from 53% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: CN¥0.29.  SEHK:998 Earnings and Revenue Growth October 31st 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period China CITIC Bank Earnings Insights  Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Banks industry in Hong Kong.    Performance of the Hong Kong Banks industry.  The company's shares are down 4.7% from a week ago.   Risk Analysis It's still necessary to consider the ever-present spectre of investment risk.   We've identified 2 warning signs  with China CITIC Bank, and understanding them should be part of your investment process. New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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