SPT Energy Group Full Year 2023 Earnings: Misses Expectations

SPT Energy Group (HKG:1251) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥1.96b (up 11% from FY 2022).
• Net income: CN¥16.7m (up 27% from FY 2022).
• Profit margin: 0.9% (up from 0.7% in FY 2022).
• EPS: CN¥0.009 (up from CN¥0.007 in FY 2022).

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

SPT Energy Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 55%.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Energy Services industry in Asia.

Performance of the market in Hong Kong.

The company's shares are up 5.1% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with SPT Energy Group.

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