Yancheng Port International Full Year 2024 Earnings: HK$0.035 loss per share (vs HK$0.042 profit in FY 2023)

Yancheng Port International (HKG:8310) Full Year 2024 Results

Key Financial Results

• Revenue: HK$781.7m (down 33% from FY 2023).
• Net loss: HK$45.1m (down by 182% from HK$54.7m profit in FY 2023).
• HK$0.035 loss per share (down from HK$0.042 profit in FY 2023).

We've discovered 4 warning signs about Yancheng Port International. View them for free.

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 Trading Business segment contributing a total revenue of HK$769.0m (98% of total revenue). Notably, cost of sales worth HK$774.1m amounted to 99% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$33.2m (63% of total expenses). Explore how 8310's revenue and expenses shape its earnings.

Yancheng Port International shares are down 3.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Yancheng Port International has 4 warning signs (and 2 which make us uncomfortable) we think you should know about.

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