Fidelity China Special (LON:FCSS) Posts Earnings Results

Fidelity China Special (LON:FCSSGet Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX 9.22 EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 3,791 million for the quarter. Fidelity China Special had a return on equity of 35.31% and a net margin of 93.41%.

Fidelity China Special Price Performance

Shares of FCSS stock opened at GBX 273.50 on Wednesday. The firm has a market cap of £1.25 billion, a price-to-earnings ratio of 2.43 and a beta of 0.88. The stock’s fifty day simple moving average is GBX 289.12 and its 200 day simple moving average is GBX 302.44. Fidelity China Special has a one year low of GBX 241 and a one year high of GBX 339.

Fidelity China Special Company Profile

(Get Free Report)

As the world’s second-largest economy, China is shifting from export-led growth towards an economy driven by domestic consumption. With expanding middle classes, rising incomes and technological innovations driving this change and creating a solid backdrop for companies to thrive, investors seeking an effective globally diversified portfolio may want to consider allocating some of their portfolio to China.

Fidelity China Special Situations PLC provides focused exposure to companies benefiting from this growth opportunity.

Further Reading

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