Fourace Industries Group Holdings (HKG:1455) Full Year 2024 Results
Key Financial Results
- Revenue: HK$268.0m (down 27% from FY 2023).
- Net income: HK$38.7m (down 40% from FY 2023).
- Profit margin: 14% (down from 18% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: HK$0.03 (down from HK$0.05 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 Japan segment contributing a total revenue of HK$172.2m (64% of total revenue). Notably, cost of sales worth HK$170.7m amounted to 64% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$33.9m (55% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$3.47m. Explore how 1455's revenue and expenses shape its earnings.
Fourace Industries Group Holdings shares are down 1.2% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Fourace Industries Group Holdings that you should be aware of.
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