Hong Kong Technology Venture Full Year 2024 Earnings: HK$0.079 loss per share (vs HK$0.049 profit in FY 2023)

Hong Kong Technology Venture (HKG:1137) Full Year 2024 Results

Key Financial Results

• Revenue: HK$3.84b (flat on FY 2023).
• Net loss: HK$66.7m (down by 247% from HK$45.3m profit in FY 2023).
• HK$0.079 loss per share (down from HK$0.049 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 Hong Kong Ecommerce Business segment contributing a total revenue of HK$3.77b (98% of total revenue). The largest operating expense was General & Administrative costs, amounting to HK$1.52b (72% of total expenses). Explore how 1137's revenue and expenses shape its earnings.

Hong Kong Technology Venture shares are up 7.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Hong Kong Technology Venture's balance sheet.

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