Standard Development Group (HKG:1867) Full Year 2024 Results
Key Financial Results
- Revenue: HK$489.8m (down 26% from FY 2023).
- Net loss: HK$19.9m (loss widened by 126% from FY 2023).
- HK$0.013 loss per share (further deteriorated from HK$0.006 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 Petroleum Business segment contributing a total revenue of HK$223.0m (46% of total revenue). Notably, cost of sales worth HK$486.5m amounted to 99% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$20.2m (87% of total expenses). Explore how 1867's revenue and expenses shape its earnings.
Standard Development Group shares are down 3.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Standard Development Group (1 is significant!) that you should be aware of.
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