Powerlong Commercial Management Holdings (HKG:9909) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥2.62b (flat on FY 2023).
- Net income: CN¥216.0m (down 52% from FY 2023).
- Profit margin: 8.3% (down from 17% in FY 2023).
- EPS: CN¥0.34 (down from CN¥0.71 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Powerlong Commercial Management Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) also missed analyst estimates by 46%.
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Real Estate industry in Hong Kong.
Performance of the Hong Kong Real Estate industry.
The company's shares are down 3.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Powerlong Commercial Management Holdings that you should be aware of.
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