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Launch Tech’s earnings in H1 2024: Earnings per share: CN¥0.37 (compared to CN¥0.15 in H1 2023)


Launch Tech’s earnings in H1 2024: Earnings per share: CN¥0.37 (compared to CN¥0.15 in H1 2023)

Launch Tech (HKG:2488) H1 2024 results

Key financial results

  • Sales: CN¥999.0 million (up 39% compared to H1 2023).
  • Net profit: CN¥152.5 million (up 134% from H1 2023).
  • Profit margin: 15% (compared to 9.0% in H1 2023). The increase in margin is due to higher sales.
  • Earnings per share: CN¥0.37 (compared to CN¥0.15 in H1 2023).
Profit and sales history
SEHK:2488 Earnings and Sales History August 12, 2024

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

Launch Tech shares rose 2.4% from the previous week.

Risk analysis

Find out about the 2 warning signs we discovered it at Launch Tech.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

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