IPE Group Full Year 2024 Earnings: EPS: HK$0.01 (vs HK$0.005 in FY 2023)

IPE Group (HKG:929) Full Year 2024 Results

Key Financial Results

• Revenue: HK$1.01b (up 12% from FY 2023).
• Net income: HK$10.6m (up 87% from FY 2023).
• Profit margin: 1.0% (up from 0.6% in FY 2023).
• EPS: HK$0.01 (up from HK$0.005 in FY 2023).

We've discovered 3 warning signs about IPE Group. 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 Hydraulic Equipment Components segment contributing a total revenue of HK$485.9m (48% of total revenue). Notably, cost of sales worth HK$724.3m amounted to 72% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$167.2m (61% of total expenses). Explore how 929's revenue and expenses shape its earnings.

IPE Group shares are down 1.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - IPE Group has 3 warning signs (and 1 which is a bit unpleasant) we think you should know about.

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