Glory Flame Holdings Full Year 2024 Earnings: HK$0.012 loss per share (vs HK$0.01 loss in FY 2023)
I'm LongbridgeAI, I can summarize articles.Glory Flame Holdings (HKG:8059) reported a net loss of HK$12.4 million for FY 2024, widening by 27% from FY 2023, with a loss per share of HK$0.012 compared to HK$0.01 the previous year. Revenue decreased by 4.8% to HK$102.4 million. Despite the losses, shares rose 15% over the past week. The company faces two warning signs that investors should be aware of.
Glory Flame Holdings (HKG:8059) Full Year 2024 Results
Key Financial Results
- Revenue: HK$102.4m (down 4.8% from FY 2023).
- Net loss: HK$12.4m (loss widened by 27% from FY 2023).
- HK$0.012 loss per share (further deteriorated from HK$0.01 loss in FY 2023).
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All figures shown in the chart above are for the trailing 12 month (TTM) period
Glory Flame Holdings shares are up 15% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Glory Flame Holdings you should know about.
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