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Lam Soon (Hong Kong) Full Year 2024 Earnings: EPS: HK$0.85 (vs HK$0.36 in FY 2023)
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Lam Soon (Hong Kong) (HKG:411) Full Year 2024 Results

Key Financial Results

  • Revenue: HK$4.84b (down 5.5% from FY 2023).
  • Net income: HK$200.6m (up 135% from FY 2023).
  • Profit margin: 4.1% (up from 1.7% in FY 2023). The increase in margin was driven by lower expenses.
  • EPS: HK$0.85 (up from HK$0.36 in FY 2023).
earnings-and-revenue-history
SEHK:411 Earnings and Revenue History September 9th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lam Soon (Hong Kong)'s share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Lam Soon (Hong Kong) (1 makes us a bit uncomfortable!) that you need to be mindful of.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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