Laopu Gold (HKG:6181) First Half 2024 Results
Key Financial Results
- Net income: CN¥587.8m (up by CN¥587.8m from 1H 2023).
- EPS: CN¥4.11.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Laopu Gold Earnings Insights
Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Luxury industry in Hong Kong.
Performance of the Hong Kong Luxury industry.
The company's shares are up 26% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Laopu Gold, and understanding this should be part of your investment process.
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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.
About SEHK:6181
Laopu Gold
Designs, manufactures, and sells jewelry products in Mainland China, Hong Kong, and Macau.
Exceptional growth potential with solid track record.
