Affluent Foundation Holdings Full Year 2024 Earnings: EPS: HK$0.002 (vs HK$0.001 in FY 2023)

Affluent Foundation Holdings (HKG:1757) Full Year 2024 Results

Key Financial Results

• Revenue: HK$199.3m (down 39% from FY 2023).
• Net income: HK$2.42m (up 199% from FY 2023).
• Profit margin: 1.2% (up from 0.2% in FY 2023).
• EPS: HK$0.002 (up from HK$0.001 in FY 2023).

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

In the last 12 months, the only revenue segment was Foundation Works contributing HK$199.3m. Notably, cost of sales worth HK$194.8m amounted to 98% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$17.4m (95% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$16.2m. Explore how 1757's revenue and expenses shape its earnings.

Affluent Foundation Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Affluent Foundation Holdings (1 is concerning) you should be aware of.

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