Langham Hospitality Investments Full Year 2024 Earnings: EPS: HK$0.068 (vs HK$0.33 in FY 2023)

Langham Hospitality Investments (HKG:1270) Full Year 2024 Results

Key Financial Results

• Revenue: HK$401.8m (down 22% from FY 2023).
• Net income: HK$231.7m (down 79% from FY 2023).
• Profit margin: 58%.
• EPS: HK$0.068 (down from HK$0.33 in FY 2023).

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

Langham Hospitality Investments Earnings Insights

The primary driver behind last 12 months revenue was the Cordis, Hong Kong segment contributing a total revenue of HK$212.0m (53% of total revenue). The most substantial expense, totaling HK$133.6m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 1270's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Real Estate industry in Hong Kong.

Performance of the Hong Kong Real Estate industry.

The company's shares are down 1.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for Langham Hospitality Investments (2 shouldn't be ignored!) that you need to be mindful of.

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