Hongkong Land Holdings (SGX:H78) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.00b (up 8.6% from FY 2023).

• Net loss: US$1.38b (loss widened by 138% from FY 2023).

• US$0.63 loss per share (further deteriorated from US$0.26 loss in FY 2023).

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

SGX:H78 Revenue and Expenses Breakdown April 9th 2025

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

Hongkong Land Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates.

The primary driver behind last 12 months revenue was the Prime Properties Investment segment contributing a total revenue of US$1.03b (51% of total revenue). Notably, cost of sales worth US$1.27b amounted to 63% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling US$1.98b 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 H78's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Singapore are expected to remain flat.

Performance of the Singaporean Real Estate industry.

The company's shares are down 13% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Hongkong Land Holdings that you should be aware of.