Precision Tsugami (China) (HKG:1651) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥3.12b (down 23% from FY 2023).
- Net income: CN¥480.0m (down 17% from FY 2023).
- Profit margin: 15% (up from 14% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥1.26 (down from CN¥1.52 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Precision Tsugami (China) Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 7.7%.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Machinery industry in Hong Kong.
Performance of the Hong Kong Machinery industry.
The company's shares are up 6.3% from a week ago.
Risk Analysis
Be aware that Precision Tsugami (China) is showing 1 warning sign in our investment analysis that you should know about...
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