Chow Tai Fook Jewellery Group First Half 2024 Earnings: EPS: HK$0.46 (vs HK$0.33 in 1H 2023)

Chow Tai Fook Jewellery Group (HKG:1929) First Half 2024 Results

Key Financial Results

• Revenue: HK$49.5b (up 6.4% from 1H 2023).
• Net income: HK$4.55b (up 36% from 1H 2023).
• Profit margin: 9.2% (up from 7.2% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: HK$0.46 (up from HK$0.33 in 1H 2023).

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

Chow Tai Fook Jewellery Group Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Specialty Retail industry in Hong Kong.

Performance of the Hong Kong Specialty Retail industry.

The company's shares are down 7.3% from a week ago.

Risk Analysis

Be aware that Chow Tai Fook Jewellery Group is showing 2 warning signs in our investment analysis that you should know about...

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