Kato (Hong Kong) Holdings Full Year 2024 Earnings: EPS: HK$0.064 (vs HK$0.13 in FY 2023)

Simply Wall St

August 05, 2024

Kato (Hong Kong) Holdings (HKG:2189) Full Year 2024 Results

Key Financial Results

Revenue: HK$271.3m (down 34% from FY 2023).
Net income: HK$64.2m (down 49% from FY 2023).
Profit margin: 24% (down from 31% in FY 2023).
EPS: HK$0.064 (down from HK$0.13 in FY 2023).

revenue-and-expenses-breakdown — SEHK:2189 Revenue and Expenses Breakdown August 5th 2024

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 Elderly Care Services segment contributing a total revenue of HK$263.2m (97% of total revenue). Notably, cost of sales worth HK$136.1m amounted to 50% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to HK$47.6m (59% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$10.2m. Explore how 2189's revenue and expenses shape its earnings.

Kato (Hong Kong) Holdings shares are down 1.9% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Kato (Hong Kong) Holdings has 3 warning signs we think you should be aware of.

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