Binjiang Service Group (HKG:3316) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥3.59b (up 28% from FY 2023).
- Net income: CN¥546.5m (up 11% from FY 2023).
- Profit margin: 15% (down from 18% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥1.98 (up from CN¥1.78 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Binjiang Service Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 13%.
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Commercial Services industry in Hong Kong.
Performance of the Hong Kong Commercial Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Binjiang Service Group.
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