MMG's Attributable Profit Soars 1700% in 2024

MT Newswires Live

2025/03/05

MMG (HKG:1208) reported a profit attributable to equity shareholders of $161.9 million in 2024, a 1,699% increase compared with $9 million in the previous year.

Earnings per share were $0.0152, compared with $0.001 a year prior. Analysts from Visible Alpha predicted an EPS of $0.01.

Revenue was $4.48 billion, up 3% year-on-year, but below the Visible Alpha consensus estimate of $4.52 billion, according to a Tuesday filing with the Hong Kong Exchange.

The stock was up by about 2% in recent trading.

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