China New Consumption Group Full Year 2024 Earnings: EPS: HK$0.022 (vs HK$0.20 loss in FY 2023)

China New Consumption Group (HKG:8275) Full Year 2024 Results

Key Financial Results

• Revenue: HK$140.0m (up 3.6% from FY 2023).
• Net income: HK$8.35m (up from HK$26.8m loss in FY 2023).
• Profit margin: 6.0% (up from net loss in FY 2023).
• EPS: HK$0.022 (up from HK$0.20 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

In the last 12 months, the only revenue segment was Provision of Foundation Work, Ancillary Services and Machinery Rental contributing HK$140.0m. Notably, cost of sales worth HK$105.0m amounted to 75% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$29.1m (96% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$3.60m. Explore how 8275's revenue and expenses shape its earnings.

China New Consumption Group shares are down 2.5% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for China New Consumption Group that you should be aware of before investing here.

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