Sino-Ocean Service Holding Full Year 2024 Earnings: EPS Misses Expectations

Sino-Ocean Service Holding (HKG:6677) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥2.84b (down 9.4% from FY 2023).
• Net income: CN¥28.9m (down 31% from FY 2023).
• Profit margin: 1.0% (down from 1.3% in FY 2023).
• EPS: CN¥0.024 (down from CN¥0.036 in FY 2023).

Our free stock report includes 2 warning signs investors should be aware of before investing in Sino-Ocean Service Holding. Read for free now.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sino-Ocean Service Holding EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 73%.

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Commercial Services industry in Hong Kong.

Performance of the Hong Kong Commercial Services industry.

The company's shares are down 2.0% from a week ago.

Risk Analysis

Be aware that Sino-Ocean Service Holding is showing 2 warning signs in our investment analysis that you should know about...

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.