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Town Ray Holdings First Half 2024 Earnings: EPS: HK$0.14 (vs HK$0.24 in 1H 2023)
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Town Ray Holdings (HKG:1692) First Half 2024 Results

Key Financial Results

  • Revenue: HK$301.9m (down 24% from 1H 2023).
  • Net income: HK$48.5m (down 44% from 1H 2023).
  • Profit margin: 16% (down from 22% in 1H 2023). The decrease in margin was driven by lower revenue.
  • EPS: HK$0.14 (down from HK$0.24 in 1H 2023).
earnings-and-revenue-history
SEHK:1692 Earnings and Revenue History September 30th 2024

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

Town Ray Holdings shares are up 6.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Town Ray Holdings (of which 2 are a bit concerning!) you should know about.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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