Carrianna Group Holdings Full Year 2024 Earnings: HK$0.16 loss per share (vs HK$0.11 loss in FY 2023)

Carrianna Group Holdings (HKG:126) Full Year 2024 Results

Key Financial Results

• Revenue: HK$661.9m (down 3.2% from FY 2023).
• Net loss: HK$250.3m (loss widened by 42% from FY 2023).
• HK$0.16 loss per share (further deteriorated from HK$0.11 loss in FY 2023).

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 Restaurant, Food and Hotel segment contributing a total revenue of HK$562.0m (85% of total revenue). Notably, cost of sales worth HK$398.1m amounted to 60% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling HK$253.1m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 126's revenue and expenses shape its earnings.

Carrianna Group Holdings shares are up 10.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Carrianna Group Holdings (2 are potentially serious!) that you should be aware of.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com