Joy Spreader Group First Half 2024 Earnings: HK$0.15 loss per share (vs HK$0.082 loss in 1H 2023)

Joy Spreader Group (HKG:6988) First Half 2024 Results

Key Financial Results

• Revenue: HK$111.2m (down 95% from 1H 2023).
• Net loss: HK$355.2m (loss widened by 82% from 1H 2023).
• HK$0.15 loss per share (further deteriorated from HK$0.082 loss in 1H 2023).

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

Joy Spreader Group Earnings Insights

Looking ahead, revenue is forecast to grow 61% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Media industry in Hong Kong.

Performance of the Hong Kong Media industry.

The company's shares are up 28% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Joy Spreader Group you should be aware of.

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