Weiqiao Textile Full Year 2022 Earnings: CN¥1.30 loss per share (vs CN¥0.51 profit in FY 2021)
Weiqiao Textile (HKG:2698) Full Year 2022 Results
Key Financial Results
- Revenue: CN¥16.6b (up 1.9% from FY 2021).
- Net loss: CN¥1.56b (down by 354% from CN¥614.2m profit in FY 2021).
- CN¥1.30 loss per share (down from CN¥0.51 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Weiqiao Textile shares are down 5.8% from a week ago.
You still need to take note of risks, for example - Weiqiao Textile has 2 warning signs we think you should be aware of.
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Weiqiao Textile Company Limited, together with its subsidiaries, engages in the manufacture and sale of cotton yarns, grey fabrics, and denims in Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and internationally.
Adequate balance sheet and slightly overvalued.