Focus Technology Second Quarter 2024 Earnings: EPS: CN¥0.50 (vs CN¥0.45 in 2Q 2023)

Simply Wall St · 09/01 00:29

Focus Technology (SZSE:002315) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥409.5m (up 4.2% from 2Q 2023).
  • Net income: CN¥157.0m (up 11% from 2Q 2023).
  • Profit margin: 38% (up from 36% in 2Q 2023).
  • EPS: CN¥0.50 (up from CN¥0.45 in 2Q 2023).
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SZSE:002315 Earnings and Revenue Growth September 1st 2024

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

Focus Technology Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Interactive Media and Services industry in Asia.

Performance of the market in China.

The company's shares are up 5.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Focus Technology that you need to be mindful of.