Cosmo Lady (China) Holdings First Half 2024 Earnings: EPS: CN¥0.038 (vs CN¥0.012 in 1H 2023)
Cosmo Lady (China) Holdings (HKG:2298) First Half 2024 Results
Key Financial Results
- Revenue: CN¥1.51b (up 11% from 1H 2023).
- Net income: CN¥82.4m (up 215% from 1H 2023).
- Profit margin: 5.4% (up from 1.9% in 1H 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.038 (up from CN¥0.012 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cosmo Lady (China) Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Luxury industry in Hong Kong.
Performance of the Hong Kong Luxury industry.
The company's shares are down 5.5% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 4 warning signs for Cosmo Lady (China) Holdings (of which 1 is significant!) you should know about.
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About SEHK:2298
Cosmo Lady (China) Holdings
An investment holding company, engages in the design, research, development, and sale of branded intimate wear products in the People‘s Republic of China.
Solid track record with excellent balance sheet.