Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Dec'18
Dec'17
Net Sales
2,067.27
1,793.03
1,435.83
1,353.10
2,043.10
2,052.71
1,863.56
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
2,067.27
1,793.03
1,435.83
1,353.10
2,043.10
2,052.71
1,863.56
Raw Material Cost
1,565.53
1,382.12
1,181.59
1,004.35
1,562.06
1,592.92
1,437.28
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
494.17
424.45
378.04
341.19
481.50
427.50
378.63
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
6.25
4.72
2.42
2.91
1.75
1.21
0.61
Selling and Distribution Expenses
370.15
328.77
351.00
294.00
357.52
319.48
307.64
Other Expenses
-50.04
-42.92
-38.05
-34.41
-48.32
-42.87
-37.92
Total Expenditure (Excl Depreciation)
1,935.68
1,710.89
1,532.59
1,298.35
1,919.58
1,912.39
1,744.92
Operating Profit (PBDIT) excl Other Income
131.6
82.10000000000001
-96.8
54.800000000000004
123.5
140.29999999999998
118.6
Other Income
8.90
0.83
9.43
23.04
2.57
-10.43
23.87
Operating Profit (PBDIT)
203.11
148.53
-21.08
138.44
184.77
174.23
182.16
Interest
6.25
4.72
2.42
2.91
1.75
1.21
0.61
Exceptional Items
8.72
10.93
-4.76
25.60
0.00
0.47
0.00
Gross Profit (PBDT)
501.74
410.91
254.23
348.75
481.03
459.79
426.28
Depreciation
61.85
65.06
65.62
59.99
56.86
42.57
38.30
Profit Before Tax
143.73
89.68
-93.88
101.13
126.15
130.93
143.25
Tax
48.44
20.14
3.52
26.94
35.02
34.85
34.41
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
104.18
75.51
-93.53
79.05
97.94
100.25
108.92
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
104.18
75.51
-93.53
79.05
97.94
100.25
108.92
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
-8.55
-5.67
-4.39
-4.45
-5.86
-4.17
-0.08
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
95.63
69.84
-97.92
74.60
92.08
96.08
108.84
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Reserves
1,250.75
1,181.13
1,140.60
1,234.38
1,168.42
1,122.56
1,088.76
Earnings per share (EPS)
0.14
0.1
-0.13
0.11
0.13
0.14
0.15
Diluted Earnings per share
0.14
0.1
-0.13
0.11
0.13
0.14
0.15
Operating Profit Margin (Excl OI)
6.4%
4.61%
-6.69%
4.1%
6.13%
6.92%
6.44%
Gross Profit Margin
9.94%
8.63%
-1.97%
11.91%
8.96%
8.45%
9.74%
PAT Margin
5.04%
4.21%
-6.51%
5.84%
4.79%
4.88%
5.84%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2023 is 15.30% vs 24.88% in Dec 2022
Consolidate Net Profit
YoY Growth in year ended Dec 2023 is 36.96% vs 171.30% in Dec 2022
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2023 is 31.48% vs 584.26% in Dec 2022
Interest
YoY Growth in year ended Dec 2023 is 31.91% vs 95.83% in Dec 2022
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2023 has improved from Dec 2022
Compare Annual Results Of Ming Fai International Holdings Ltd. With
Figures in Million
Consolidate Annual Results
Change(HKD)
Change(%)
Net Sales
2,067.27
891.24
1,176.03
131.95%
Other Operating Income
0.00
0.00
0.00
Total Operating income
2,067.27
891.24
1,176.03
131.95%
Raw Material Cost
1,565.53
712.95
852.58
119.58%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
494.17
92.46
401.71
434.47%
Power Cost
0
0
0.00
Manufacturing Expenses
6.25
4.19
2.06
49.16%
Selling and Distribution Expenses
370.15
115.66
254.49
220.03%
Other Expenses
-50.04
-9.66
-40.38
-418.01%
Total Expenditure (Excl Depreciation)
1,935.68
828.61
1,107.07
133.61%
Operating Profit (PBDIT) excl Other Income
131.59
62.63
68.96
110.11%
Other Income
8.90
11.47
-2.57
-22.41%
Operating Profit (PBDIT)
203.11
94.97
108.14
113.87%
Interest
6.25
4.19
2.06
49.16%
Exceptional Items
8.72
17.05
-8.33
-48.86%
Gross Profit (PBDT)
501.74
178.28
323.46
181.43%
Depreciation
61.85
22.24
39.61
178.10%
Profit Before Tax
143.73
85.59
58.14
67.93%
Tax
48.44
18.41
30.03
163.12%
Provisions and contingencies
0
0
0.00
Profit After Tax
104.18
67.01
37.17
55.47%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
104.18
67.01
37.17
55.47%
Share in Profit of Associates
0
0
0.00
Minority Interest
-8.55
0.17
-8.72
-5,129.41%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
95.63
67.18
28.45
42.35%
Equity Capital
0
0
0.00
Face Value
0.01
0.00
0.00
Reserves
1,250.75
489.68
761.07
155.42%
Earnings per share (EPS)
0.14
0.17
-0.03
-17.65%
Diluted Earnings per share
0.14
0.17
-0.03
-17.65%
Operating Profit Margin (Excl OI)
6.40%
6.87%
0.00
-0.47%
Gross Profit Margin
9.94%
12.10%
0.00
-2.16%
PAT Margin
5.04%
7.52%
0.00
-2.48%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 206.73 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is 15.30% vs 24.88% in Dec 2022
Annual - Consolidate Net Profit
Consolidate Net Profit 9.56 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is 36.96% vs 171.30% in Dec 2022
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 19.42 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is 31.48% vs 584.26% in Dec 2022
Annual - Interest
Interest 0.62 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is 31.91% vs 95.83% in Dec 2022
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 6.40%
in Dec 2023Figures in %
YoY Growth in year ended Dec 2023 has improved from Dec 2022






