Wowprime (TWSE:2727) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$5.36b (flat on 2Q 2023).
- Net income: NT$349.9m (down 3.2% from 2Q 2023).
- Profit margin: 6.5% (down from 6.7% in 2Q 2023).
- EPS: NT$4.24 (down from NT$4.40 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Wowprime Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 34%.
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Hospitality industry in Taiwan.
Performance of the Taiwanese Hospitality industry.
The company's shares are up 7.0% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Wowprime that you should be aware of.
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About TWSE:2727
Wowprime
Operates restaurants and coffee/tea shops in Taiwan and Mainland China.
Undervalued with excellent balance sheet and pays a dividend.