Oriental Enterprise Holdings Full Year 2024 Earnings: EPS: HK$0.031 (vs HK$0.069 in FY 2023)

Oriental Enterprise Holdings (HKG:18) Full Year 2024 Results

Key Financial Results

• Revenue: HK$652.5m (down 7.9% from FY 2023).
• Net income: HK$75.1m (down 55% from FY 2023).
• Profit margin: 12% (down from 24% in FY 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: HK$0.031 (down from HK$0.069 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 Publication of Newspapers segment contributing a total revenue of HK$564.2m (86% of total revenue). Notably, cost of sales worth HK$474.2m amounted to 73% of total revenue thereby underscoring the impact on earnings.Explore how 18's revenue and expenses shape its earnings.

Oriental Enterprise Holdings shares are up 2.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Oriental Enterprise Holdings (of which 1 is a bit concerning!) you should know about.

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