Yue Yuen Industrial (Holdings) Reports Third Quarter 2022 Earnings

Yue Yuen Industrial (Holdings) (HKG:551) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$2.26b (up 38% from 3Q 2021).
• Net income: US$95.1m (up from US$70.7m loss in 3Q 2021).
• Profit margin: 4.2% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue.
• EPS: US$0.059.

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

Yue Yuen Industrial (Holdings) Earnings Insights

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in Hong Kong.

Performance of the Hong Kong Luxury industry.

The company's shares are up 19% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Yue Yuen Industrial (Holdings) you should be aware of.

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