Best Pacific International Holdings (HKG:2111) Full Year 2024 Results
Key Financial Results
- Revenue: HK$5.06b (up 21% from FY 2023).
- Net income: HK$608.1m (up 75% from FY 2023).
- Profit margin: 12% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: HK$0.58 (up from HK$0.33 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Best Pacific International Holdings Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.3%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in Hong Kong.
Performance of the Hong Kong Luxury industry.
The company's shares are down 4.4% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Best Pacific International Holdings that you need to take into consideration.
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