Stock Analysis

Regina Miracle International (Holdings) Full Year 2024 Earnings: Misses Expectations

Simply Wall St

June 27, 2024

Regina Miracle International (Holdings) (HKG:2199) Full Year 2024 Results

Key Financial Results

Revenue: HK$7.02b (down 11% from FY 2023).
Net income: HK$143.2m (down 63% from FY 2023).
Profit margin: 2.0% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue.
EPS: HK$0.12 (down from HK$0.31 in FY 2023).

earnings-and-revenue-history — SEHK:2199 Earnings and Revenue History June 27th 2024

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

Regina Miracle International (Holdings) Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 54%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Luxury industry in Hong Kong.

Performance of the Hong Kong Luxury industry.

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

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Regina Miracle International (Holdings) (1 doesn't sit too well with us) you should be aware of.

Valuation is complex, but we're helping make it simple.

Find out whether Regina Miracle International (Holdings) is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.