Infinity Development Holdings (HKG:640) Full Year 2024 Results
Key Financial Results
- Revenue: HK$736.3m (up 9.6% from FY 2023).
- Net income: HK$100.4m (up 50% from FY 2023).
- Profit margin: 14% (up from 10.0% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: HK$0.18 (up from HK$0.12 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 The Socialist Republic of Vietnam (Vietnam) segment contributing a total revenue of HK$453.9m (62% of total revenue). Notably, cost of sales worth HK$458.9m amounted to 62% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$108.7m (61% of total expenses). Explore how 640's revenue and expenses shape its earnings.
Infinity Development Holdings shares are down 1.0% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Infinity Development Holdings, and understanding them should be part of your investment process.
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