Hang Lung Group Full Year 2023 Earnings: EPS: HK$2.06 (vs HK$2.00 in FY 2022)

Hang Lung Group (HKG:10) Full Year 2023 Results

Key Financial Results

• Revenue: HK$11.0b (flat on FY 2022).
• Net income: HK$2.81b (up 3.4% from FY 2022).
• Profit margin: 26% (up from 25% in FY 2022).
• EPS: HK$2.06 (up from HK$2.00 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 Leasing - Mainland China segment contributing a total revenue of HK$7.40b (67% of total revenue). The most substantial expense, totaling HK$4.43b 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 10's revenue and expenses shape its earnings.

Hang Lung Group shares are down 3.7% from a week ago.

Risk Analysis

Be aware that Hang Lung Group is showing 1 warning sign in our investment analysis that you should know about...

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