Easy Smart Group Holdings Full Year 2024 Earnings: EPS: HK$0.088 (vs HK$0.14 in FY 2023)

Easy Smart Group Holdings (HKG:2442) Full Year 2024 Results

Key Financial Results

• Revenue: HK$352.9m (up 4.9% from FY 2023).
• Net income: HK$35.8m (down 18% from FY 2023).
• Profit margin: 10% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: HK$0.088 (down from HK$0.14 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 General Contractors contributing HK$352.9m. Notably, cost of sales worth HK$289.3m amounted to 82% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$20.8m (75% of total expenses). Explore how 2442's revenue and expenses shape its earnings.

Easy Smart Group Holdings shares are up 3.1% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Easy Smart Group Holdings (1 can't be ignored) you should be aware of.

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