Hong Kong Shanghai Alliance Holdings Full Year 2024 Earnings: EPS: HK$0.12 (vs HK$0.13 in FY 2023)

Hong Kong Shanghai Alliance Holdings (HKG:1001) Full Year 2024 Results

Key Financial Results

• Revenue: HK$2.30b (down 13% from FY 2023).
• Net income: HK$78.8m (down 4.9% from FY 2023).
• Profit margin: 3.4% (up from 3.1% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: HK$0.12 (down from HK$0.13 in FY 2023).

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

The primary driver behind last 12 months revenue was the Steels Distribution and Processing Business segment contributing a total revenue of HK$1.88b (82% of total revenue). Notably, cost of sales worth HK$1.92b amounted to 83% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$146.7m (48% of total expenses). Explore how 1001's revenue and expenses shape its earnings.

Hong Kong Shanghai Alliance Holdings shares are up 4.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Hong Kong Shanghai Alliance Holdings (1 makes us a bit uncomfortable) you should be aware of.

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