Sing Tao News Full Year 2024 Earnings: HK$0.096 loss per share (vs HK$0.056 loss in FY 2023)

Sing Tao News (HKG:1105) Full Year 2024 Results

Key Financial Results

• Revenue: HK$777.2m (down 5.2% from FY 2023).
• Net loss: HK$84.3m (loss widened by 72% from FY 2023).
• HK$0.096 loss per share (further deteriorated from HK$0.056 loss in FY 2023).

We've discovered 2 warning signs about Sing Tao News. 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 The People's Republic of China (Including Hong Kong) segment contributing a total revenue of HK$615.3m (79% of total revenue). Notably, cost of sales worth HK$552.2m amounted to 71% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$207.1m (62% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$22.3m. Explore how 1105's revenue and expenses shape its earnings.

Sing Tao News' share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Sing Tao News (of which 1 is concerning!) you should know about.

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