Aowei Holding Full Year 2023 Earnings: CN¥0.34 loss per share (vs CN¥0.038 profit in FY 2022)

Aowei Holding (HKG:1370) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥667.4m (down 29% from FY 2022).
• Net loss: CN¥548.6m (down from CN¥61.5m profit in FY 2022).
• CN¥0.34 loss per share (down from CN¥0.038 profit in FY 2022).

1370 Production and Reserves

Iron

• Production: 0.726 Mt (1.052 Mt in FY 2022)
• Proved and probable reserves (ore): 141.9 Mt (140.3 Mt in FY 2022)
• Number of mines: 3 (3 in FY 2022)

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

Aowei Holding shares are down 6.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Aowei Holding that you should be aware of.

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