BOE Varitronix (HKG:710) Full Year 2024 Results
Key Financial Results
- Revenue: HK$13.6b (up 27% from FY 2023).
- Net income: HK$391.3m (down 18% from FY 2023).
- Profit margin: 2.9% (down from 4.4% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: HK$0.50 (down from HK$0.60 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BOE Varitronix Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 8.9%.
Looking ahead, revenue is forecast to grow 10% 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 shares are down 13% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for BOE Varitronix you should be aware of.
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