Solartech International Holdings Full Year 2024 Earnings: HK$0.75 loss per share (vs HK$1.48 loss in FY 2023)

Solartech International Holdings (HKG:1166) Full Year 2024 Results

Key Financial Results

• Revenue: HK$795.7m (up 113% from FY 2023).
• Net loss: HK$88.5m (loss narrowed by 50% from FY 2023).
• HK$0.75 loss per share (improved from HK$1.48 loss 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 Copper Rods segment contributing a total revenue of HK$537.1m (67% of total revenue). Notably, cost of sales worth HK$728.5m amounted to 92% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$86.4m (55% of total expenses). Explore how 1166's revenue and expenses shape its earnings.

Solartech International Holdings shares are up 8.3% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Solartech International Holdings, and understanding this should be part of your investment process.

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