China Glass Holdings (HKG:3300) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥5.74b (up 8.1% from FY 2023).
- Net loss: CN¥876.6m (loss widened by 114% from FY 2023).
- CN¥0.52 loss per share (further deteriorated from CN¥0.24 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Clear Glass Products segment contributing a total revenue of CN¥2.22b (39% of total revenue). Notably, cost of sales worth CN¥5.43b amounted to 95% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling CN¥724.5m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 3300's revenue and expenses shape its earnings.
China Glass Holdings shares are down 4.8% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for China Glass Holdings you should be aware of, and 1 of them is potentially serious.
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