Best Mart 360 Holdings (HKG:2360) Full Year 2024 Results
Key Financial Results
- Revenue: HK$2.81b (up 45% from FY 2023).
- Net income: HK$247.5m (up 47% from FY 2023).
- Profit margin: 8.8% (up from 8.7% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: HK$0.25 (up from HK$0.17 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 Hong Kong segment contributing a total revenue of HK$2.74b (98% of total revenue). Notably, cost of sales worth HK$1.78b amounted to 63% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$635.7m (81% of total expenses). Explore how 2360's revenue and expenses shape its earnings.
Best Mart 360 Holdings' share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Best Mart 360 Holdings you should know about.
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