Stock Analysis

Bortex Global Third Quarter 2023 Earnings: HK$0.007 loss per share (vs HK$0.004 profit in 3Q 2022)

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Bortex Global (HKG:8118) Third Quarter 2023 Results

Key Financial Results

  • Revenue: HK$6.57m (down 76% from 3Q 2022).
  • Net loss: HK$3.72m (down by 281% from HK$2.06m profit in 3Q 2022).
  • HK$0.007 loss per share (down from HK$0.004 profit in 3Q 2022).
earnings-and-revenue-history
SEHK:8118 Earnings and Revenue History March 15th 2023

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

Bortex Global shares are down 1.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Bortex Global has 3 warning signs (and 2 which are a bit unpleasant) we think you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Bortex Global might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.

About SEHK:8118

Bortex Global

An investment holding company, designs, manufactures, and trades in light-emitting diode (LED) lighting products in Canada, the United States, the People’s Republic of China, Hong Kong, India, and South Africa.

Excellent balance sheet with slight risk.

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