North Asia Strategic Holdings (HKG:8080) Full Year 2024 Results
Key Financial Results
- Revenue: HK$1.31b (down 42% from FY 2023).
- Net loss: HK$48.7m (down from HK$1.09m profit in FY 2023).
- HK$0.11 loss per share (down from HK$0.003 profit 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 Hi-Tech Distribution and Services Operation segment contributing a total revenue of HK$1.15b (88% of total revenue). Notably, cost of sales worth HK$1.10b amounted to 84% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$162.3m (61% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$12.5m. Explore how 8080's revenue and expenses shape its earnings.
North Asia Strategic Holdings' share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for North Asia Strategic Holdings (2 are a bit concerning!) that you should be aware of before investing here.
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