Cierre 1H2023

#FestiwalWyników
#Brand24
1H2023

#Natgas electricity generation in the US grew by 9.7% (66.2 TWh) in 1H2023, becoming the largest source, despite a 2.9% (57.5 TWh) decline in total electricity generation due to mild weather and lower generation from coal - EIA
$ung $boil $kold

Recap on 1H2023, by Maybank.
Reasonable.

Prospect for 2H2023, looks brighter.
Insya-Allah.

#BetterMalaysia

Finally youku released its 1H2023 report & #TheStarryLove is listed as top dramas this year in the platform:

- 2nd drama to hit 10,000 heats
- top #4 drama based on platform’s popularity
- top #5 drama based on average performance during its airing in the platform

CONGRATS!

For years, Zameen.com had managed to post growth both in PKR and USD terms.

But all of it was undone in 1H2023 as revenues fell to 2018 levels while EBITDA margins almost halved. Is this indicative of a crisis in Pakistan's real estate sector?

insights.datadarbar.io/zameen-faces-r…

Tanga Cement out with 1H2023 results. All seems to be fine print! However, the key is a large reduction in manufacturing costs and thus substantially higher gross profit despite a modest decline in sales. Administration expenses also cut and operating profits soared 4.5 fold.

The gross profit margin for automobiles and related products, which accounted for 80.3% of BYD's revenue in 1H2023, was 20.67%, below the 20.8% margin in 1Q2023. #BYD

Gazprom podsumował 1H2023. Oprócz spadku dochodów ze względu na cięcia eksportu do Europy, szczególnie ciekawe są dane dot. zadłużenia całej struktury – ok. 6 bilionów rubli. To dużo, choć przedstawiciele koncernu podkreślają, są w stanie pokryć krótkoterminowe zobowiązania. 1/

Wyniki XTB za 1h2023

Subiektywna opinia: mimo spadku zysku, EBIT i rentowności moim zdaniem wyniki nie są złe.

Dlaczego?

1) rośnie liczba klientów (+65% dla nowych i +44% dla aktywnych). Powoduje to budowanie masy pod realizacje potencjalnego pozytywnego scenariusza w…

TAG Immobilien (84.682 bytov v Nemecku) precenili nemecké byty -7,4% v 1H2023 a -4,1% v 2H2023 (spolu -16% za 18M). LTV 47% aj napriek preceneniu, no vďaka úspešným predajom a zastavením dividendy. Darí sa v Poľsku, predajné ceny vo veľkých mestách rástli o 15-20% medziročne.

Decent numbers for 1H2023 for Tanzania Cigarette Company. Sales up 7.2% vs 1H2022 and earnings up 26.2% due to well controlled operating expenses (+4.2% y-y) and a 15.4% drop in income tax expenses from an elevated level last year. Effective tax rate back to 31.1%.

𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐚𝐜𝐡𝐞𝐝 𝐚 22% 𝐬𝐡𝐚𝐫𝐞 𝐢𝐧 2022 𝐚𝐧𝐝 𝐬𝐥𝐨𝐰𝐞𝐝 𝐝𝐨𝐰𝐧 𝐢𝐧 1H2023 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 20%. China doubled its market share from 2021 to mid-2023, reaching nearly 32%.
theicct.org/publication/eu…

Jubilee Holdings, East Africa's leading insurance company, out with 1H2023 results. Double-digit top line growth. Profit decline under new IFRS 17 accounting standards, but a 9% gain under old standards. Interim dividend doubled. Healthy cash flows...

Everyone's excited about the upcoming five digital banks but how digital are the existing banks?

During 1H2023, Meezan Bank was miles ahead of others in value and volume. I reviewed the available data for big 4 of digital in Data Darbar.

insights.datadarbar.io/how-digital-ar…

Bogdanka wykonała w 1H2023 ok. 16,7 km nowych wyrobisk korytarzowych.
W tym czasie Bogdanka zajmowała wysoką pozycję rynkową, osiągając 25,1% udziału w sprzedaży węgla do energetyki zawodowej. Udział w sprzedaży węgla energetycznego ogółem wyniósł 19,7%. Wasilewski Artur

HBL's operating expenses grew from PKR59bn in 1H2022 to PKR79bn during 1H2023.The cost-to-income ratio at the group level is 57%. For a bank as big as HBL, such a high cost-to-income ratio is beyond my understanding. Legal & professional charges increased by PKR 5bn YoY,

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#FLTR Opublikowane dane o sprzedaży kredytów hipotecznych przez BIK S.A. z niezawodnym komentarzem prof. Waldemar Rogowski pokazuje, że proces delewarowania rynku #nieruchomości postępuje i nie mamy póki co dobrych przesłanek na 1H2023, pojawiają się też alarmujące sygnały:
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Mayberry’s Midyear Score Card and 2H2023 Outlook

Jeff Mayberry, Portfolio Manager on DoubleLine’s Macro Asset Allocation team, on July 10, gets graded by Jeffrey Sherman and Samuel Lau on his forecasts for 1H2023 and shares his outlooks for the second half of the year. Jeff…