China Travel International Investment Hong Kong Full Year 2024 Earnings: EPS: HK$0.019 (vs HK$0.043 in FY 2023)

China Travel International Investment Hong Kong (HKG:308) Full Year 2024 Results

Key Financial Results

• Revenue: HK$4.63b (up 3.0% from FY 2023).
• Net income: HK$106.0m (down 56% from FY 2023).
• Profit margin: 2.3% (down from 5.3% in FY 2023).
• EPS: HK$0.019 (down from HK$0.043 in FY 2023).

We've discovered 2 warning signs about China Travel International Investment Hong Kong. View them for free.

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

China Travel International Investment Hong Kong Earnings Insights

The primary driver behind last 12 months revenue was the Tourist Attraction and Related Operations segment contributing a total revenue of HK$2.35b (51% of total revenue). Notably, cost of sales worth HK$3.14b amounted to 68% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$845.4m (61% of total expenses). Explore how 308's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong.

Performance of the Hong Kong Hospitality industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for China Travel International Investment Hong Kong you should know about.

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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.