Tongda Group Holdings (HKG:698) Full Year 2024 Results
Key Financial Results
- Revenue: HK$5.59b (down 14% from FY 2023).
- Net loss: HK$3.94b (loss widened by 221% from FY 2023).
- HK$0.41 loss per share (further deteriorated from HK$0.13 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tongda Group Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 9.6% 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 up 3.6% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Tongda Group Holdings' balance sheet health.
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