Stock Analysis

Far East Horizon Full Year 2022 Earnings: EPS Misses Expectations

Published
SEHK:3360
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Far East Horizon (HKG:3360) Full Year 2022 Results

Key Financial Results

  • Revenue: CN¥35.7b (up 13% from FY 2021).
  • Net income: CN¥6.13b (up 11% from FY 2021).
  • Profit margin: 17% (in line with FY 2021).
  • EPS: CN¥1.46 (up from CN¥1.36 in FY 2021).
earnings-and-revenue-growth
SEHK:3360 Earnings and Revenue Growth March 16th 2023

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

Far East Horizon EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Diversified Financial industry in Hong Kong.

Performance of the Hong Kong Diversified Financial industry.

The company's shares are up 1.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Far East Horizon (1 is a bit unpleasant!) that we have uncovered.

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