MECOM Power and Construction Full Year 2024 Earnings: MO$0.001 loss per share (vs MO$0.003 loss in FY 2023)
MECOM Power and Construction (HKG:1183) Full Year 2024 Results
Key Financial Results
- Revenue: MO$1.51b (flat on FY 2023).
- Net loss: MO$3.10m (loss narrowed by 73% from FY 2023).
- MO$0.001 loss per share (improved from MO$0.003 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 Steel Structures Business segment contributing a total revenue of MO$1.11b (74% of total revenue). Notably, cost of sales worth MO$1.39b amounted to 92% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to MO$75.0m (62% of total expenses). Explore how 1183's revenue and expenses shape its earnings.
MECOM Power and Construction's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for MECOM Power and Construction (2 are significant!) that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if MECOM Power and Construction might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.