Smart-Core Holdings (HKG:2166) Full Year 2024 Results
Key Financial Results
- Revenue: HK$4.65b (down 18% from FY 2023).
- Net income: HK$100.3m (up 41% from FY 2023).
- Profit margin: 2.2% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: HK$0.21 (up from HK$0.15 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 Authorised Distribution segment contributing a total revenue of HK$4.60b (99% of total revenue). Notably, cost of sales worth HK$4.34b amounted to 93% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$105.1m (50% of total expenses). Explore how 2166's revenue and expenses shape its earnings.
Smart-Core Holdings shares are up 2.5% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Smart-Core Holdings that you should be aware of.
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