Giordano International (HKG:709) Full Year 2024 Results
Key Financial Results
- Revenue: HK$3.92b (up 1.2% from FY 2023).
- Net income: HK$216.0m (down 37% from FY 2023).
- Profit margin: 5.5% (down from 8.9% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: HK$0.13 (down from HK$0.22 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Giordano International EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%.
Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Specialty Retail industry in Hong Kong.
Performance of the Hong Kong Specialty Retail industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Giordano International is showing 2 warning signs in our investment analysis that you should know about...
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