King Fook Holdings Full Year 2024 Earnings: EPS: HK$0.094 (vs HK$0.087 in FY 2023)

King Fook Holdings (HKG:280) Full Year 2024 Results

Key Financial Results

• Revenue: HK$775.6m (down 13% from FY 2023).
• Net income: HK$85.2m (up 7.2% from FY 2023).
• Profit margin: 11% (up from 8.9% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: HK$0.094 (up from HK$0.087 in FY 2023).

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

In the last 12 months, the only revenue segment was Retailing, Bullion Trading and Diamond Wholesaling contributing HK$775.6m. Notably, cost of sales worth HK$534.8m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$109.4m (67% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$6.93m. Explore how 280's revenue and expenses shape its earnings.

King Fook Holdings shares are up 1.5% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with King Fook Holdings.

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