Kingboard Laminates Holdings Full Year 2024 Earnings: EPS Misses Expectations

Kingboard Laminates Holdings (HKG:1888) Full Year 2024 Results

Key Financial Results

• Revenue: HK$18.5b (up 11% from FY 2023).
• Net income: HK$1.33b (up 46% from FY 2023).
• Profit margin: 7.2% (up from 5.4% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: HK$0.42 (up from HK$0.29 in FY 2023).

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

Kingboard Laminates Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong.

Performance of the Hong Kong Electronic industry.

The company's shares are down 8.6% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Kingboard Laminates Holdings' balance sheet and an in-depth analysis of the company's financial position.

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