Earnings Alerts

Wharf Holdings (4) Earnings: Preliminary 1H Net Loss Ranges from HK$2.50B to HK$2.80B

  • Wharf recorded a preliminary net loss of HK$2.50 billion to HK$2.80 billion for the first half of 2024.
  • This significant loss compares to a net income of HK$696 million in the corresponding period of 2023.
  • Despite the losses, Wharf maintains that its overall financial position remains healthy.
  • Investment analysts’ ratings for Wharf include 0 buys, 4 holds, and 7 sells.

A look at Wharf Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Wharf Holdings, the company seems to have a promising long-term outlook. With a strong Value score of 4, Wharf Holdings is evidently considered to be a solid investment in terms of its current price compared to its fundamental value. This indicates that the company may be undervalued and could provide good returns to investors in the future.

However, the company’s Dividend and Growth scores are rated lower at 2, suggesting that Wharf Holdings may not be focusing as much on distributing dividends or on aggressive growth strategies. With a Resilience score of 3, the company is perceived to have moderate stability in weathering economic downturns. Moreover, a Momentum score of 4 indicates that Wharf Holdings is showing positive price momentum in the market, reflecting growing investor interest in the company’s prospects. Overall, based on these Smart Scores, Wharf Holdings appears to have a favorable outlook for the long term.

Company Summary: The Wharf (Holdings) Limited is primarily engaged in real estate development and investment, owning and managing hotels, logistics business operations, as well as telecommunications, cable television, and Internet-related businesses. With a diverse portfolio of businesses, Wharf Holdings showcases a multifaceted approach to investments and operations in various industries.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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