Kato (Hong Kong) Holdings (HKG:2189) Full Year 2024 Results
Key Financial Results
- Revenue: HK$271.3m (down 34% from FY 2023).
- Net income: HK$64.2m (down 49% from FY 2023).
- Profit margin: 24% (down from 31% in FY 2023).
- EPS: HK$0.064 (down from HK$0.13 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 Elderly Care Services segment contributing a total revenue of HK$263.2m (97% of total revenue). Notably, cost of sales worth HK$136.1m amounted to 50% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to HK$47.6m (59% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$10.2m. Explore how 2189's revenue and expenses shape its earnings.
Kato (Hong Kong) Holdings shares are down 1.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Kato (Hong Kong) Holdings has 3 warning signs we think you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com