China MeiDong Auto Holdings (HKG:1268) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥22.2b (down 22% from FY 2023).
- Net loss: CN¥2.26b (down from CN¥140.2m profit in FY 2023).
- CN¥1.68 loss per share (down from CN¥0.10 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China MeiDong Auto Holdings EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to stay flat during the next 2 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 shares are down 15% 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 China MeiDong Auto Holdings' balance sheet health.
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