First Shanghai Investments Full Year 2024 Earnings: EPS: HK$0.036 (vs HK$0.006 loss in FY 2023)
First Shanghai Investments (HKG:227) reported a significant turnaround in its Full Year 2024 results, achieving an EPS of HK$0.036 compared to a loss of HK$0.006 in FY 2023. Revenue rose by 31% to HK$362.1 million, with net income increasing to HK$78.0 million from a loss of HK$10.6 million. The profit margin improved to 22%. Despite this positive performance, there are two warning signs to consider regarding the company's risk profile.
First Shanghai Investments (HKG:227) Full Year 2024 Results
Key Financial Results
- Revenue: HK$362.1m (up 31% from FY 2023).
- Net income: HK$78.0m (up from HK$10.6m loss in FY 2023).
- Profit margin: 22% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.
- EPS: HK$0.036 (up from HK$0.006 loss in FY 2023).
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All figures shown in the chart above are for the trailing 12 month (TTM) period
First Shanghai Investments' share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for First Shanghai Investments that you should be aware of.
