Tam Jai International Full Year 2024 Earnings: Misses Expectations

Tam Jai International (HKG:2217) Full Year 2024 Results

Key Financial Results

• Revenue: HK$2.75b (up 5.9% from FY 2023).
• Net income: HK$118.6m (down 16% from FY 2023).
• Profit margin: 4.3% (down from 5.4% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: HK$0.089 (down from HK$0.10 in FY 2023).

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

Tam Jai International Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 40%.

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong.

Performance of the Hong Kong Hospitality industry.

The company's shares are up 2.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Tam Jai International has 1 warning sign we think you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if Tam Jai International might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.