Logory Logistics Technology Full Year 2024 Earnings: EPS: CN¥0.036 (vs CN¥0.021 loss in FY 2023)

Logory Logistics Technology (HKG:2482) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥7.54b (up 34% from FY 2023).
• Net income: CN¥50.0m (up from CN¥29.6m loss in FY 2023).
• Profit margin: 0.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: CN¥0.036 (up from CN¥0.021 loss in FY 2023).

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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 Provision of Digital Freight Businesses and Related Services contributing CN¥7.54b. Notably, cost of sales worth CN¥7.14b amounted to 95% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥103.8m (30% of total expenses). Explore how 2482's revenue and expenses shape its earnings.

Logory Logistics Technology shares are up 1.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Logory Logistics Technology's balance sheet.

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