• Mon. Jul 1st, 2024

Pangaea Connectivity Technology Reports Loss of HK$0.029 per Share for Full Year 2024, Slightly Improved from HK$0.031 Loss in FY 2023

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Jun 29, 2024

Pangaea Connectivity Technology (HKG:1473) recently announced its full-year 2024 results, showcasing key financial figures. The company reported revenue of HK$1.38 billion, marking a 16% increase from FY 2023. The net loss for the year narrowed by 6.8% to HK$29.3 million, with a loss per share of HK$0.029, an improvement from the HK$0.031 loss in FY 2023.

Looking at the earnings and revenue history of SEHK:1473, the share price of Pangaea Connectivity Technology has remained relatively stable over the past week. However, it is important to note the risks associated with investing in the company. There are 3 warning signs, one of which is particularly concerning, that investors should be aware of.

Valuation of a company can be complex, but there are tools available to help simplify the process. By conducting comprehensive analysis, including fair value estimates, risks, dividends, insider transactions, and financial health, investors can gain a better understanding of whether Pangaea Connectivity Technology is potentially over or undervalued.

It is important to remember that the information provided in this article by Simply Wall St is based on historical data and analyst forecasts, and should not be considered financial advice. The analysis aims to provide long-term focused insights driven by fundamental data. If you have feedback or concerns about the content, feel free to reach out directly or email the editorial team at Simply Wall St for further clarification.

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