Petro-king Oilfield Services Full Year 2024 Earnings: HK$0.01 loss per share (vs HK$0.043 loss in FY 2023)

Petro-king Oilfield Services (HKG:2178) Full Year 2024 Results

Key Financial Results

• Revenue: HK$294.8m (down 6.6% from FY 2023).
• Net loss: HK$17.8m (loss narrowed by 76% from FY 2023).
• HK$0.01 loss per share (improved from HK$0.043 loss in FY 2023).

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

Petro-king Oilfield Services shares are down 10.0% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Petro-king Oilfield Services (at least 2 which are potentially serious), and understanding these should be part of your investment process.

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