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).
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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