Stock Analysis

Kwoon Chung Bus Holdings Full Year 2024 Earnings: EPS: HK$0.067 (vs HK$0.27 loss in FY 2023)

Simply Wall St

June 28, 2024

Kwoon Chung Bus Holdings (HKG:306) Full Year 2024 Results

Key Financial Results

Revenue: HK$2.10b (up 60% from FY 2023).
Net income: HK$32.1m (up from HK$130.7m loss in FY 2023).
Profit margin: 1.5% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
EPS: HK$0.067 (up from HK$0.27 loss in FY 2023).

revenue-and-expenses-breakdown — SEHK:306 Revenue and Expenses Breakdown June 28th 2024

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 Non-franchised Bus segment contributing a total revenue of HK$1.45b (69% of total revenue). Notably, cost of sales worth HK$1.64b amounted to 78% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$368.9m (87% of total expenses). Explore how 306's revenue and expenses shape its earnings.

Kwoon Chung Bus Holdings shares are down 3.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Kwoon Chung Bus Holdings has 3 warning signs (and 2 which don't sit too well with us) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.