Power Assets Holdings (HKG:6) Full Year 2024 Results
Key Financial Results
- Revenue: HK$1.13b (down 13% from FY 2023).
- Net income: HK$6.12b (up 1.9% from FY 2023).
- EPS: HK$2.87 (up from HK$2.82 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Power Assets Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 2.0%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Electric Utilities industry in Asia.
Performance of the market in Hong Kong.
The company's shares are down 8.9% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Power Assets Holdings that you should be aware of.
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