National Tyre & Wheel First Half 2023 Earnings: AU$0.012 loss per share (vs AU$0.047 profit in 1H 2022)

National Tyre & Wheel (ASX:NTD) First Half 2023 Results

Key Financial Results

• Revenue: AU$296.1m (up 18% from 1H 2022).
• Net loss: AU$1.61m (down by 130% from AU$5.46m profit in 1H 2022).
• AU$0.012 loss per share (down from AU$0.047 profit in 1H 2022).

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

National Tyre & Wheel Earnings Insights

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Global Retail Distributors industry.

Performance of the market in Australia.

The company's shares are down 7.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - National Tyre & Wheel has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

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