China Oriental Group (HKG:581) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥43.0b (down 7.1% from FY 2023).
- Net income: CN¥149.1m (up from CN¥159.7m loss in FY 2023).
- Profit margin: 0.3% (up from net loss in FY 2023).
- EPS: CN¥0.04 (up from CN¥0.043 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 Iron and Steel segment contributing a total revenue of CN¥42.9b (100% of total revenue). Notably, cost of sales worth CN¥41.2b amounted to 96% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥887.7m (55% of total expenses). Explore how 581's revenue and expenses shape its earnings.
China Oriental Group shares are up 1.7% from a week ago.
Risk Analysis
You still need to take note of risks, for example - China Oriental Group has 4 warning signs (and 1 which can't be ignored) we think you should know about.
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