Dah Sing Financial Holdings (HKG:440) Full Year 2024 Results
Key Financial Results
- Revenue: HK$5.40b (up 8.9% from FY 2023).
- Net income: HK$1.67b (up 5.1% from FY 2023).
- Profit margin: 31% (down from 32% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: HK$5,250 (up from HK$4.99 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Dah Sing Financial Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) missed analyst estimates by 20%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Banks industry in Hong Kong.
Performance of the Hong Kong Banks industry.
The company's shares are down 14% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Dah Sing Financial Holdings you should be aware of.
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