Blue Moon Group Holdings Full Year 2022 Earnings: Misses Expectations

Simply Wall St

May 04, 2023

Blue Moon Group Holdings (HKG:6993) Full Year 2022 Results

Key Financial Results

Revenue: HK$7.95b (up 4.6% from FY 2021).
Net income: HK$611.4m (down 40% from FY 2021).
Profit margin: 7.7% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses.
EPS: HK$0.11 (down from HK$0.17 in FY 2021).

earnings-and-revenue-growth — SEHK:6993 Earnings and Revenue Growth May 4th 2023

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

Blue Moon Group Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 19%.

Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Household Products industry in Asia.

Performance of the market in Hong Kong.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Blue Moon Group Holdings (1 is a bit unpleasant!) that you should be aware of before investing here.

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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.