Tai Ping Carpets International Full Year 2024 Earnings: EPS: HK$0.20 (vs HK$0.18 in FY 2023)

Tai Ping Carpets International (HKG:146) Full Year 2024 Results

Key Financial Results

• Revenue: HK$640.2m (up 6.6% from FY 2023).
• Net income: HK$42.1m (up 9.6% from FY 2023).
• Profit margin: 6.6% (up from 6.4% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: HK$0.20 (up from HK$0.18 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 Europe, The Middle East and Africa (EMEA) segment contributing a total revenue of HK$264.4m (41% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to HK$189.0m (54% of total expenses). Explore how 146's revenue and expenses shape its earnings.

Tai Ping Carpets International's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Tai Ping Carpets International, and understanding these should be part of your investment process.

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