China Dongxiang (Group) Full Year 2024 Earnings: CN¥0.11 loss per share (vs CN¥0.02 profit in FY 2023)

China Dongxiang (Group) (HKG:3818) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥1.74b (up 3.9% from FY 2023).
• Net loss: CN¥639.4m (down from CN¥115.0m profit in FY 2023).
• CN¥0.11 loss per share (down from CN¥0.02 profit in FY 2023).

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

China Dongxiang (Group) Earnings Insights

Looking ahead, revenue is forecast to grow 9.0% 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 13% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on China Dongxiang (Group)'s balance sheet.

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