Pioneer Global Group Full Year 2024 Earnings: HK$0.049 loss per share (vs HK$0.052 profit in FY 2023)

Pioneer Global Group (HKG:224) Full Year 2024 Results

Key Financial Results

• Revenue: HK$147.5m (down 40% from FY 2023).
• Net loss: HK$56.2m (down by 194% from HK$59.8m profit in FY 2023).
• HK$0.049 loss per share (down from HK$0.052 profit 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 Properties and hotels segment contributing a total revenue of HK$129.7m (88% of total revenue). The most substantial expense, totaling HK$128.7m 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 224's revenue and expenses shape its earnings.

Pioneer Global Group shares are down 1.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Pioneer Global Group that you should be aware of.

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