Yanchang Petroleum International Full Year 2024 Earnings: EPS: HK$0.049 (vs HK$0.20 in FY 2023)

Yanchang Petroleum International (HKG:346) Full Year 2024 Results

Key Financial Results

• Revenue: HK$29.2b (up 5.2% from FY 2023).
• Net income: HK$54.1m (down 75% from FY 2023).
• Profit margin: 0.2% (down from 0.8% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: HK$0.049 (down from HK$0.20 in FY 2023).

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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 Supply and Procurement segment contributing a total revenue of HK$28.9b (99% of total revenue). Notably, cost of sales worth HK$28.9b amounted to 99% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to HK$163.4m (80% of total expenses). Explore how 346's revenue and expenses shape its earnings.

Yanchang Petroleum International shares are up 3.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Yanchang Petroleum International you should know about.

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