Blue River Holdings Full Year 2024 Earnings: HK$0.26 loss per share (vs HK$0.13 loss in FY 2023)

Blue River Holdings (HKG:498) Full Year 2024 Results

Key Financial Results

• Net loss: HK$265.3m (loss widened by 84% from FY 2023).
• HK$0.26 loss per share (further deteriorated from HK$0.13 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 Ports and Logistics segment contributing a total revenue of HK$51.5m (83% of total revenue). Notably, cost of sales worth HK$38.2m amounted to 62% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling HK$166.0m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 498's revenue and expenses shape its earnings.

Blue River Holdings shares are up 18% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Blue River Holdings (including 2 which make us uncomfortable).

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