JS Global Lifestyle Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

JS Global Lifestyle (HKG:1691) Full Year 2023 Results

Key Financial Results

• Revenue: US$1.43b (down 72% from FY 2022).
• Net income: US$52.0m (down 84% from FY 2022).
• Profit margin: 3.6% (down from 6.6% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: US$0.015 (down from US$0.097 in FY 2022).

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

JS Global Lifestyle Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 31%.

Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Durables industry in Hong Kong.

Performance of the Hong Kong Consumer Durables industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

Be aware that JS Global Lifestyle is showing 2 warning signs in our investment analysis that you should know about...

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