Citychamp Watch & Jewellery Group Full Year 2024 Earnings: HK$0.058 loss per share (vs HK$0.01 profit in FY 2023)

Citychamp Watch & Jewellery Group (HKG:256) Full Year 2024 Results

Key Financial Results

• Revenue: HK$1.59b (down 8.3% from FY 2023).
• Net loss: HK$254.1m (down from HK$45.1m profit in FY 2023).
• HK$0.058 loss per share (down from HK$0.01 profit in FY 2023).

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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 Watches and Timepieces and Watch Accessories segment contributing a total revenue of HK$814.0m (51% of total revenue). The largest operating expense was General & Administrative costs, amounting to HK$672.7m (53% of total expenses). Explore how 256's revenue and expenses shape its earnings.

Citychamp Watch & Jewellery Group's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Citychamp Watch & Jewellery Group's balance sheet and an in-depth analysis of the company's financial position.

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