Chen Hsong Holdings Full Year 2024 Earnings: EPS: HK$0.16 (vs HK$0.21 in FY 2023)

Chen Hsong Holdings (HKG:57) Full Year 2024 Results

Key Financial Results

• Revenue: HK$2.01b (down 13% from FY 2023).
• Net income: HK$100.9m (down 23% from FY 2023).
• Profit margin: 5.0% (down from 5.6% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: HK$0.16 (down from HK$0.21 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 Mainland China and Hong Kong segment contributing a total revenue of HK$1.45b (72% of total revenue). Notably, cost of sales worth HK$1.53b amounted to 76% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$219.2m (48% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$82.8m. Explore how 57's revenue and expenses shape its earnings.

Chen Hsong Holdings shares are up 2.1% 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 Chen Hsong Holdings, and understanding it should be part of your investment process.

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