Starlite Holdings Full Year 2024 Earnings: EPS: HK$0.035 (vs HK$0.013 in FY 2023)

Starlite Holdings (HKG:403) Full Year 2024 Results

Key Financial Results

• Revenue: HK$834.7m (down 9.6% from FY 2023).
• Net income: HK$17.4m (up 169% from FY 2023).
• Profit margin: 2.1% (up from 0.7% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: HK$0.035 (up from HK$0.013 in FY 2023).

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 Southern China segment contributing a total revenue of HK$569.2m (68% of total revenue). Notably, cost of sales worth HK$663.5m amounted to 79% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$107.7m (70% of total expenses). Explore how 403's revenue and expenses shape its earnings.

Starlite Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Starlite Holdings is showing 2 warning signs in our investment analysis that you should know about...

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