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Sinopec Kantons Holdings Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
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Sinopec Kantons Holdings (HKG:934) Full Year 2024 Results

Key Financial Results

  • Revenue: HK$667.1m (up 9.4% from FY 2023).
  • Net income: HK$1.18b (down 9.3% from FY 2023).
  • EPS: HK$0.47 (down from HK$0.52 in FY 2023).
earnings-and-revenue-growth
SEHK:934 Earnings and Revenue Growth March 19th 2025

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

Sinopec Kantons Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Hong Kong are expected to remain flat.

Performance of the Hong Kong Oil and Gas industry.

The company's shares are down 1.4% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Sinopec Kantons Holdings that you should be aware of before investing here.

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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