China Xinhua Education Group Full Year 2023 Earnings: EPS: CN¥0.19 (vs CN¥0.15 in FY 2022)

China Xinhua Education Group (HKG:2779) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥642.7m (up 2.7% from FY 2022).
• Net income: CN¥307.1m (up 30% from FY 2022).
• Profit margin: 48% (up from 38% in FY 2022). The increase in margin was primarily driven by lower expenses.
• EPS: CN¥0.19 (up from CN¥0.15 in FY 2022).

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

China Xinhua Education Group shares are down 6.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - China Xinhua Education Group has 1 warning sign we think you should be aware of.

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