Crocodile Garments Full Year 2023 Earnings: HK$0.083 loss per share (vs HK$0.083 loss in FY 2022)

Crocodile Garments (HKG:122) Full Year 2023 Results

Key Financial Results

• Revenue: HK$86.9m (down 16% from FY 2022).
• Net loss: HK$108.8m (loss widened by 39% from FY 2022).
• HK$0.083 loss per share (in line with 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 Property Investment and Letting Business segment contributing a total revenue of HK$47.0m (54% of total revenue). The most substantial expense, totaling HK$86.8m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 122's revenue and expenses shape its earnings.

Crocodile Garments' share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Crocodile Garments (including 1 which is concerning).

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