- Hong Kong
- Diversified Financial
Far East Horizon Full Year 2022 Earnings: EPS Misses Expectations
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).
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.
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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Far East Horizon
Far East Horizon Limited, together with its subsidiaries, provides various financial services in Mainland China, Hong Kong, and internationally.
Good value with proven track record and pays a dividend.