Home Control International Full Year 2023 Earnings: US$0.003 loss per share (vs US$0.009 profit in FY 2022)

Home Control International (HKG:1747) Full Year 2023 Results

Key Financial Results

• Revenue: US$101.0m (down 20% from FY 2022).
• Net loss: US$1.62m (down by 135% from US$4.58m profit in FY 2022).
• US$0.003 loss per share (down from US$0.009 profit in FY 2022).

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

Home Control International Earnings Insights

Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Durables industry in Hong Kong.

Performance of the Hong Kong Consumer Durables industry.

The company's shares are up 26% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Home Control International (including 2 which make us uncomfortable).

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.