Stock Analysis
Karin Technology Holdings Full Year 2024 Earnings: EPS: HK$0.088 (vs HK$0.22 in FY 2023)
Karin Technology Holdings (SGX:K29) Full Year 2024 Results
Key Financial Results
- Revenue: HK$2.20b (up 8.0% from FY 2023).
- Net income: HK$19.0m (down 60% from FY 2023).
- Profit margin: 0.9% (down from 2.3% in FY 2023).
- EPS: HK$0.088 (down from HK$0.22 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 IT Infrastructure segment contributing a total revenue of HK$1.63b (74% of total revenue). Notably, cost of sales worth HK$2.01b amounted to 92% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$78.8m (47% of total expenses). Explore how K29's revenue and expenses shape its earnings.
Karin Technology Holdings shares are up 1.5% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Karin Technology Holdings.
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About SGX:K29
Karin Technology Holdings
An investment holding company, distributes electronic components, provides computer data storage management solutions and services, and distributes and retails consumer electronics products in Hong Kong, Mainland China, and internationally.