Envision Greenwise Holdings Full Year 2024 Earnings: HK$0.066 loss per share (vs HK$0.04 loss in FY 2023)

Simply Wall St

August 06, 2024

Envision Greenwise Holdings (HKG:1783) Full Year 2024 Results

Key Financial Results

Revenue: HK$452.2m (up 13% from FY 2023).
Net loss: HK$78.9m (loss widened by 107% from FY 2023).
HK$0.066 loss per share (further deteriorated from HK$0.04 loss in FY 2023).

revenue-and-expenses-breakdown — SEHK:1783 Revenue and Expenses Breakdown August 6th 2024

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

The primary driver behind last 12 months revenue was the Reverse Supply Chain Management and Environmental Related Service segment contributing a total revenue of HK$228.7m (51% of total revenue). Notably, cost of sales worth HK$424.2m amounted to 94% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$90.5m (81% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$4.76m. Explore how 1783's revenue and expenses shape its earnings.

Envision Greenwise Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Envision Greenwise Holdings that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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