Cowell e Holdings (HKG:1415) H1 2024 results

Key financial results

• Revenue: $585.9 million (up 60% from H1 2023).
• Net income: $16.0 million (a decrease of 11% compared to H1 2023).
• Profit margin: 2.7% (compared to 4.9% in H1 2023). The margin decline is due to higher expenses.
• Earnings per share: $0.019 (compared to $0.021 in H1 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

Cowell e Holdings revenue exceeds expectations, EPS falls short of expectations

Sales exceeded analyst estimates by 29%. Earnings per share (EPS) missed analyst estimates by 10%.

An average sales growth of 31% per annum is expected for the next three years. In contrast, growth of 12% is forecast for the electronics industry in Hong Kong.

Performance of Electronics industry in Hong Kong.

The company’s shares rose 10% compared to the previous week.

Risk analysis

However, it is worth noting that we have found 1 warning signal for Cowell e Holdings that you need to take into account.

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