Hong Lai Huat Group Full Year 2024 Earnings: S$0.015 loss per share (vs S$0.015 loss in FY 2023)

Hong Lai Huat Group (SGX:CTO) Full Year 2024 Results

Key Financial Results

• Net loss: S$7.64m (loss widened by 1.1% from FY 2023).
• S$0.015 loss per share (in line with FY 2023).

We've discovered 4 warning signs about Hong Lai Huat Group. View them for free.

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 Others segment contributing a total revenue of S$3.10m (3,039% of total revenue). Notably, cost of sales worth S$87.0k amounted to 85% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$4.85m (63% of total expenses). Explore how CTO's revenue and expenses shape its earnings.

Hong Lai Huat Group shares are down 5.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Hong Lai Huat Group (3 shouldn't be ignored!) that you need to be mindful of.

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