VSTECS Holdings (HKG:856) Full Year 2024 Results
Key Financial Results
- Revenue: HK$89.1b (up 21% from FY 2023).
- Net income: HK$1.05b (up 14% from FY 2023).
- Profit margin: 1.2% (in line with FY 2023).
- EPS: HK$0.76 (up from HK$0.66 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
VSTECS Holdings Revenues Beat Expectations
Revenue exceeded analyst estimates by 9.2%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong.
Performance of the Hong Kong Electronic industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for VSTECS Holdings (of which 2 are significant!) you should know about.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.