Leader Education Full Year 2023 Earnings: EPS: CN¥0.086 (vs CN¥0.084 in FY 2022)

Leader Education (HKG:1449) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥275.8m (up 16% from FY 2022).
• Net income: CN¥57.6m (up 2.8% from FY 2022).
• Profit margin: 21% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.086 (up from CN¥0.084 in FY 2022).

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

In the last 12 months, the only revenue segment was Provision of Private Higher Education Services contributing CN¥275.8m. Notably, cost of sales worth CN¥170.4m amounted to 62% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥39.3m (82% of total expenses). Explore how 1449's revenue and expenses shape its earnings.

Leader Education shares are up 7.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Leader Education you should be aware of.

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