Tat Hong Equipment Service Full Year 2024 Earnings: CN¥0.082 loss per share (vs CN¥0.031 loss in FY 2023)

Tat Hong Equipment Service (HKG:2153) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥682.3m (down 12% from FY 2023).
• Net loss: CN¥95.6m (loss widened by 167% from FY 2023).
• CN¥0.082 loss per share (further deteriorated from CN¥0.031 loss 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 Tower Crane Service contributing CN¥682.3m. Notably, cost of sales worth CN¥601.5m amounted to 88% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥85.3m (48% of total expenses). Explore how 2153's revenue and expenses shape its earnings.

Tat Hong Equipment Service shares are up 1.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Tat Hong Equipment Service that you should be aware of.

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