Zhongzheng International Full Year 2023 Earnings: EPS: HK$0.006 (vs HK$0.022 loss in FY 2022)

Zhongzheng International (HKG:943) Full Year 2023 Results

Key Financial Results

• Revenue: HK$872.9m (up by HK$733.6m from FY 2022).
• Net income: HK$69.1m (up from HK$231.7m loss in FY 2022).
• Profit margin: 7.9% (up from net loss in FY 2022).
• EPS: HK$0.006 (up from HK$0.022 loss in FY 2022).

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

The primary driver behind last 12 months revenue was the Property Development segment contributing a total revenue of HK$697.2m (80% of total revenue). Notably, cost of sales worth HK$619.2m amounted to 71% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling HK$321.2m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 943's revenue and expenses shape its earnings.

Zhongzheng International's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Zhongzheng International is showing 5 warning signs in our investment analysis and 1 of those doesn't sit too well with us...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.