Tristate Holdings First Half 2024 Earnings: EPS: HK$0.23 (vs HK$0.27 in 1H 2023)

Tristate Holdings (HKG:458) First Half 2024 Results

Key Financial Results

• Revenue: HK$1.93b (down 6.3% from 1H 2023).
• Net income: HK$62.5m (down 16% from 1H 2023).
• Profit margin: 3.2% (down from 3.6% in 1H 2023). The decrease in margin was driven by lower revenue.
• EPS: HK$0.23 (down from HK$0.27 in 1H 2023).

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

Tristate Holdings shares are down 5.8% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Tristate Holdings that you need to take into consideration.

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