Triumph New Energy (HKG:1108) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥4.59b (down 30% from FY 2023).
- Net loss: CN¥609.9m (down by 255% from CN¥394.7m profit in FY 2023).
- CN¥0.94 loss per share (down from CN¥0.61 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Triumph New Energy Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 8.2%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Building industry in Asia.
Performance of the market in Hong Kong.
The company's shares are down 15% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Triumph New Energy that you should be aware of.
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