Chinlink International Holdings Full Year 2024 Earnings: HK$0.33 loss per share (vs HK$0.32 loss in FY 2023)

Simply Wall St·08/05/2024 00:06:10

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Chinlink International Holdings (HKG:997) Full Year 2024 Results

Key Financial Results

Revenue: HK$97.3m (down 18% from FY 2023).
Net loss: HK$381.8m (loss widened by 1.4% from FY 2023).
HK$0.33 loss per share (further deteriorated from HK$0.32 loss in FY 2023).

revenue-and-expenses-breakdown — SEHK:997 Revenue and Expenses Breakdown August 5th 2024

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 Property Investment segment contributing a total revenue of HK$90.2m (93% of total revenue). Notably, cost of sales worth HK$64.8m amounted to 67% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling HK$348.9m 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 997's revenue and expenses shape its earnings.

Chinlink International Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Chinlink International Holdings (2 make us uncomfortable) you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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