Hang Lung Group (HKG:10) Full Year 2024 Results
Key Financial Results
- Revenue: HK$11.8b (up 8.1% from FY 2023).
- Net income: HK$1.61b (down 43% from FY 2023).
- Profit margin: 14% (down from 26% in FY 2023).
- EPS: HK$1.19 (down from HK$2.06 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 Property Leasing - Mainland China segment contributing a total revenue of HK$6.85b (58% of total revenue). The most substantial expense, totaling HK$4.55b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 10's revenue and expenses shape its earnings.
Hang Lung Group's share price is broadly unchanged from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Hang Lung Group (at least 1 which is a bit concerning), and understanding them should be part of your investment process.
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