Tam Jai International (HKG:2217) Full Year 2024 Results
Key Financial Results
- Revenue: HK$2.75b (up 5.9% from FY 2023).
- Net income: HK$118.6m (down 16% from FY 2023).
- Profit margin: 4.3% (down from 5.4% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: HK$0.089 (down from HK$0.10 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tam Jai International Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 40%.
Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong.
Performance of the Hong Kong Hospitality industry.
The company's shares are up 2.8% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Tam Jai International has 1 warning sign we think you should be aware of.
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