Asia Commercial Holdings Full Year 2024 Earnings: EPS: HK$0.035 (vs HK$0.058 in FY 2023)

Asia Commercial Holdings (HKG:104) Full Year 2024 Results

Key Financial Results

• Revenue: HK$705.4m (flat on FY 2023).
• Net income: HK$26.2m (down 40% from FY 2023).
• Profit margin: 3.7% (down from 6.1% in FY 2023).
• EPS: HK$0.035 (down from HK$0.058 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 Sale of Watches segment contributing a total revenue of HK$696.2m (99% of total revenue). Notably, cost of sales worth HK$471.0m amounted to 67% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$100.4m (48% of total expenses). Explore how 104's revenue and expenses shape its earnings.

Asia Commercial Holdings shares are down 1.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Asia Commercial Holdings that we have uncovered.

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