Grand T G Gold Holdings Full Year 2024 Earnings: EPS: HK$0.009 (vs HK$0.005 in FY 2023)

Grand T G Gold Holdings (HKG:8299) Full Year 2024 Results

Key Financial Results

• Revenue: HK$722.7m (up 372% from FY 2023).
• Net income: HK$55.3m (up 112% from FY 2023).
• Profit margin: 7.7% (down from 17% in FY 2023).
• EPS: HK$0.009 (up from HK$0.005 in FY 2023).

8299 Production and Reserves

Gold

• Proved and probable reserves (ore): 4.788 Mt (1.419 Mt in FY 2023)

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

In the last 12 months, the only revenue segment was Gold Mining contributing HK$722.7m. Notably, cost of sales worth HK$638.9m amounted to 88% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$22.8m (80% of total expenses). Explore how 8299's revenue and expenses shape its earnings.

Grand T G Gold Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Grand T G Gold Holdings that we have uncovered.

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