Yun Lee Marine Group Holdings (HKG:2682) Full Year 2024 Results
Key Financial Results
- Revenue: HK$334.6m (up 40% from FY 2023).
- Net income: HK$31.6m (down 12% from FY 2023).
- Profit margin: 9.4% (down from 15% in FY 2023).
- EPS: HK$0.032 (down from HK$0.036 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 Marine Construction Services segment contributing a total revenue of HK$164.2m (49% of total revenue). Notably, cost of sales worth HK$245.2m amounted to 73% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$68.1m (100% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$10.3m. Explore how 2682's revenue and expenses shape its earnings.
Yun Lee Marine Group Holdings shares are down 1.4% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Yun Lee Marine Group Holdings, and understanding them should be part of your investment process.
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