NagaCorp Full Year 2024 Earnings: Misses Expectations

Simply Wall St

May 05, 2025

NagaCorp (HKG:3918) Full Year 2024 Results

Key Financial Results

Revenue: US$528.4m (up 5.3% from FY 2023).
Net income: US$109.6m (down 38% from FY 2023).
Profit margin: 21% (down from 35% in FY 2023).
EPS: US$0.025 (down from US$0.04 in FY 2023).

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

revenue-and-expenses-breakdown — SEHK:3918 Revenue and Expenses Breakdown May 5th 2025

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

NagaCorp Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 1.9%.

The primary driver behind last 12 months revenue was the Casino Operations segment contributing a total revenue of US$542.6m (103% of total revenue). Explore how 3918'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 shares are up 10% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for NagaCorp that you should be aware of before investing here.

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

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

Access Free Analysis

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.