China Aircraft Leasing Group Holdings Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags

China Aircraft Leasing Group Holdings (HKG:1848) Full Year 2022 Results

Key Financial Results

• Revenue: HK$2.56b (up 98% from FY 2021).
• Net income: HK$73.6m (down 86% from FY 2021).
• Profit margin: 2.9% (down from 41% in FY 2021).
• EPS: HK$0.099 (down from HK$0.72 in FY 2021).

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

China Aircraft Leasing Group Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) missed analyst estimates by 72%.

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Asia are expected to remain flat.

Performance of the market in Hong Kong.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that China Aircraft Leasing Group Holdings is showing 4 warning signs in our investment analysis and 2 of those are significant...

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