Ausnutria Dairy Full Year 2024 Earnings: Misses Expectations

Ausnutria Dairy (HKG:1717) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥7.40b (flat on FY 2023).
• Net income: CN¥236.0m (up 35% from FY 2023).
• Profit margin: 3.2% (up from 2.4% in FY 2023).
• EPS: CN¥0.13 (up from CN¥0.097 in FY 2023).

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

Ausnutria Dairy Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 17%.

The primary driver behind last 12 months revenue was the Dairy and Related Products segment contributing a total revenue of CN¥7.10b (96% of total revenue). Notably, cost of sales worth CN¥4.29b amounted to 58% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to CN¥2.08b (72% of total expenses). Explore how 1717's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Food industry in Hong Kong.

Performance of the Hong Kong Food industry.

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

Risk Analysis

Be aware that Ausnutria Dairy is showing 1 warning sign in our investment analysis that 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.