Stock Analysis

Chow Sang Sang Holdings International First Half 2024 Earnings: EPS: HK$0.74 (vs HK$1.22 in 1H 2023)

SEHK:116
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Chow Sang Sang Holdings International (HKG:116) First Half 2024 Results

Key Financial Results

  • Revenue: HK$11.3b (down 13% from 1H 2023).
  • Net income: HK$501.8m (down 40% from 1H 2023).
  • Profit margin: 4.4% (down from 6.4% in 1H 2023). The decrease in margin was driven by lower revenue.
  • EPS: HK$0.74 (down from HK$1.22 in 1H 2023).
earnings-and-revenue-growth
SEHK:116 Earnings and Revenue Growth September 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Chow Sang Sang Holdings International Earnings Insights

Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Luxury industry in Hong Kong.

Performance of the Hong Kong Luxury industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Chow Sang Sang Holdings International that we have uncovered.

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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. Simply Wall St has no position in any stocks mentioned.