China Conch Environment Protection Holdings Full Year 2023 Earnings: EPS: CN¥0.14 (vs CN¥0.18 in FY 2022)

China Conch Environment Protection Holdings (HKG:587) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥1.88b (up 8.8% from FY 2022).
• Net income: CN¥264.1m (down 20% from FY 2022).
• Profit margin: 14% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.14 (down from CN¥0.18 in FY 2022).

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

China Conch Environment Protection Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Commercial Services industry in Hong Kong.

Performance of the Hong Kong Commercial Services industry.

The company's shares are down 13% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for China Conch Environment Protection Holdings that we have uncovered.

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