Chow Sang Sang Holdings International (HKG:116) First Half 2024 Results
Key Financial Results
- Revenue: HK$11.3b (down 13% from 1H 2023).
- Net income: HK$501.8m (down 40% from 1H 2023).
- Profit margin: 4.4% (down from 6.4% in 1H 2023). The decrease in margin was driven by lower revenue.
- EPS: HK$0.74 (down from HK$1.22 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Chow Sang Sang Holdings International Earnings Insights
Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Luxury industry in Hong Kong.
Performance of the Hong Kong Luxury industry.
The company's shares are up 11% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Chow Sang Sang Holdings International that we have uncovered.
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