Sitoy Group Holdings Full Year 2024 Earnings: EPS: HK$0.11 (vs HK$0.21 in FY 2023)

Sitoy Group Holdings (HKG:1023) Full Year 2024 Results

Key Financial Results

• Revenue: HK$1.61b (down 12% from FY 2023).
• Net income: HK$101.9m (down 50% from FY 2023).
• Profit margin: 6.3% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: HK$0.11 (down from HK$0.21 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 Manufacturing segment contributing a total revenue of HK$1.20b (75% of total revenue). Notably, cost of sales worth HK$1.03b amounted to 64% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$237.9m (51% of total expenses). Explore how 1023's revenue and expenses shape its earnings.

Sitoy Group Holdings shares are up 6.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Sitoy Group Holdings that you should be aware of.

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