Ming Fai International Holdings Full Year 2024 Earnings: EPS: HK$0.20 (vs HK$0.14 in FY 2023)

Ming Fai International Holdings (HKG:3828) Full Year 2024 Results

Key Financial Results

• Revenue: HK$2.31b (up 12% from FY 2023).
• Net income: HK$143.2m (up 38% from FY 2023).
• Profit margin: 6.2% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: HK$0.20 (up from HK$0.14 in FY 2023).

We've discovered 2 warning signs about Ming Fai International Holdings. View them for free.

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 Hospitality Supplies Business - The People's Republic of China segment contributing a total revenue of HK$530.8m (23% of total revenue). Notably, cost of sales worth HK$1.73b amounted to 75% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$246.4m (56% of total expenses). Explore how 3828's revenue and expenses shape its earnings.

Ming Fai International Holdings shares are down 1.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Ming Fai International Holdings you should be aware of.

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