Northeast Electric Development Full Year 2023 Earnings: CN¥0.007 loss per share (vs CN¥0.029 loss in FY 2022)

Northeast Electric Development (HKG:42) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥110.4m (down 31% from FY 2022).
• Net loss: CN¥5.96m (loss narrowed by 76% from FY 2022).
• CN¥0.007 loss per share (improved from CN¥0.029 loss in FY 2022).

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

Northeast Electric Development shares are down 1.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Northeast Electric Development (2 are concerning!) that you need to be mindful of.

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