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Hongcheng Environmental Technology Full Year 2023 Earnings: EPS: CN¥0.017 (vs CN¥0.08 in FY 2022)
Hongcheng Environmental Technology (HKG:2265) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥108.0m (down 52% from FY 2022).
- Net income: CN¥17.5m (down 78% from FY 2022).
- Profit margin: 16% (down from 36% in FY 2022). The decrease in margin was driven by lower revenue.
- EPS: CN¥0.017 (down from CN¥0.08 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hongcheng Environmental Technology's share price is broadly unchanged from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Hongcheng Environmental Technology you should be aware of.
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About SEHK:2265
Hongcheng Environmental Technology
Provides gold mine hazardous waste treatment services in the People's Republic of China.
Flawless balance sheet with questionable track record.