Sanbase Full Year 2024 Earnings: HK$0.007 loss per share (vs HK$0.004 profit in FY 2023)

Sanbase (HKG:8501) Full Year 2024 Results

Key Financial Results

• Revenue: HK$428.1m (down 17% from FY 2023).
• Net loss: HK$1.37m (down by 282% from HK$751.0k profit in FY 2023).
• HK$0.007 loss per share (down from HK$0.004 profit 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 Hong Kong segment contributing a total revenue of HK$412.2m (96% of total revenue). Notably, cost of sales worth HK$402.9m amounted to 94% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$25.7m (97% of total expenses). Explore how 8501's revenue and expenses shape its earnings.

Sanbase's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Sanbase you should be aware of.

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