K. Wah International Holdings First Half 2024 Earnings: EPS: HK$0.049 (vs HK$0.15 in 1H 2023)

K. Wah International Holdings (HKG:173) First Half 2024 Results

Key Financial Results

• Revenue: HK$1.21b (down 61% from 1H 2023).
• Net income: HK$153.8m (down 68% from 1H 2023).
• Profit margin: 13% (down from 16% in 1H 2023). The decrease in margin was driven by lower revenue.
• EPS: HK$0.049 (down from HK$0.15 in 1H 2023).

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

K. Wah International Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Real Estate industry in Hong Kong.

Performance of the Hong Kong Real Estate industry.

The company's shares are down 2.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - K. Wah International Holdings has 1 warning sign we think you should be aware of.

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