Stock Analysis

Echo International Holdings Group Second Quarter 2024 Earnings: EPS: HK$0.002 (vs HK$0.01 loss in 2Q 2023)

Published
SEHK:8218

Echo International Holdings Group (HKG:8218) Second Quarter 2024 Results

Key Financial Results

  • Revenue: HK$15.4m (up 1.1% from 2Q 2023).
  • Net income: HK$1.49m (up from HK$4.96m loss in 2Q 2023).
  • Profit margin: 9.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses.
  • EPS: HK$0.002 (up from HK$0.01 loss in 2Q 2023).
SEHK:8218 Earnings and Revenue History November 15th 2023

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

Echo International Holdings Group's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Echo International Holdings Group has 3 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Echo International Holdings Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.