Major Holdings Full Year 2024 Earnings: HK$0.04 loss per share (vs HK$0.043 loss in FY 2023)

Major Holdings (HKG:1389) Full Year 2024 Results

Key Financial Results

• Revenue: HK$63.0m (down 15% from FY 2023).
• Net loss: HK$15.7m (loss narrowed by 5.5% from FY 2023).
• HK$0.04 loss per share (improved from HK$0.043 loss in FY 2023).

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

In the last 12 months, the only revenue segment was Premium Wine & Spirits Products & Wine Accessory Products contributing HK$63.0m. Notably, cost of sales worth HK$57.6m amounted to 91% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$12.3m (58% of total expenses). Explore how 1389's revenue and expenses shape its earnings.

Major Holdings shares are down 12% from a week ago.

Risk Analysis

Be aware that Major Holdings is showing 3 warning signs in our investment analysis and 1 of those is a bit concerning...

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