China Tobacco International (HK) (HKG:6055) Full Year 2024 Results
Key Financial Results
- Revenue: HK$13.1b (up 11% from FY 2023).
- Net income: HK$853.7m (up 43% from FY 2023).
- Profit margin: 6.5% (up from 5.1% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: HK$1.23 (up from HK$0.87 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Tobacco International (HK) EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Retail Distributors industry in Asia.
Performance of the market in Hong Kong.
The company's shares are down 2.2% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on China Tobacco International (HK)'s balance sheet health.
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