Stock Analysis

SJM Holdings Full Year 2022 Earnings: Misses Expectations

SEHK:880
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SJM Holdings (HKG:880) Full Year 2022 Results

Key Financial Results

  • Revenue: HK$6.68b (down 34% from FY 2021).
  • Net loss: HK$7.80b (loss widened by 88% from FY 2021).
  • HK$1.23 loss per share (further deteriorated from HK$0.73 loss in FY 2021).
    earnings-and-revenue-growth
    SEHK:880 Earnings and Revenue Growth March 9th 2023

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

    SJM Holdings Revenues and Earnings Miss Expectations

    Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 46%.

    Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 28% growth forecast for the Hospitality industry in Hong Kong.

    Performance of the Hong Kong Hospitality industry.

    The company's shares are down 5.5% from a week ago.

    Risk Analysis

    Don't forget that there may still be risks. For instance, we've identified 1 warning sign for SJM Holdings that you should be aware of.

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    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.