Reach New Holdings Full Year 2023 Earnings: CN¥0.025 loss per share (vs CN¥0.008 loss in FY 2022)

Reach New Holdings (HKG:8471) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥66.3m (down 1.4% from FY 2022).
• Net loss: CN¥21.6m (loss widened by 221% from FY 2022).
• CN¥0.025 loss per share (further deteriorated from CN¥0.008 loss in FY 2022).

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

Reach New Holdings shares are down 21% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Reach New Holdings (2 can't be ignored!) that you need to be mindful of.

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