Toread Holdings Group Full Year 2023 Earnings: Misses Expectations

Toread Holdings Group (SZSE:300005) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥1.39b (up 22% from FY 2022).
• Net income: CN¥71.8m (up 2.7% from FY 2022).
• Profit margin: 5.2% (down from 6.1% in FY 2022).
• EPS: CN¥0.082 (up from CN¥0.079 in FY 2022).

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

Toread Holdings Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 42%.

The company's shares are up 14% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Toread Holdings Group that you need to be mindful of.

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