Originally Posted by
Dingleberry Handpump
By your logic, then, CX ought to make record profits this year. ....
Will CX achieve a 9.9% margin this year? No, of course not. They never came close to that in the many years I was there.
https://m.marketscreener.com/quote/s...41/financials/
The estimated operating margin for 2023 is 9.19% based on 8.1 B profit estimate. ( some analysts upgraded profit est to 8.7).
I believe indeed we will see high profit years, especially with HKIA expansion, and only if Xi doesn't invade or siege Taiwan. I don't believe we will see any profit share numbers comparable to EK though.