Dragon Rise Group Holdings Full Year 2024 Earnings: EPS: HK$0.003 (vs HK$0.007 in FY 2023)

Dragon Rise Group Holdings (HKG:6829) Full Year 2024 Results

Key Financial Results

• Revenue: HK$945.9m (up 20% from FY 2023).
• Net income: HK$4.19m (down 47% from FY 2023).
• Profit margin: 0.4% (down from 1.0% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: HK$0.003 (down from HK$0.007 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 Construction Services contributing HK$945.9m. Notably, cost of sales worth HK$906.4m amounted to 96% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$30.2m (86% of total expenses). Explore how 6829's revenue and expenses shape its earnings.

Dragon Rise Group Holdings shares are down 2.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Dragon Rise Group Holdings (1 can't be ignored!) that we have uncovered.

Have 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com