Chiho Environmental Group Full Year 2023 Earnings: HK$0.006 loss per share (vs HK$0.17 profit in FY 2022)

Chiho Environmental Group (HKG:976) Full Year 2023 Results

Key Financial Results

• Revenue: HK$16.5b (down 16% from FY 2022).
• Net loss: HK$9.30m (down by 103% from HK$264.5m profit in FY 2022).
• HK$0.006 loss per share (down from HK$0.17 profit in FY 2022).

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

The primary driver behind last 12 months revenue was the Europe segment contributing a total revenue of HK$15.0b (91% of total revenue). Notably, cost of sales worth HK$15.4b amounted to 94% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$883.5m (84% of total expenses). Explore how 976's revenue and expenses shape its earnings.

Chiho Environmental Group shares are down 3.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Chiho Environmental Group that you should be aware of.

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