Melbourne Enterprises Full Year 2023 Earnings: HK$5.17 loss per share (vs HK$5.10 loss in FY 2022)

Melbourne Enterprises (HKG:158) Full Year 2023 Results

Key Financial Results

• Revenue: HK$157.9m (flat on FY 2022).
• Net loss: HK$129.2m (loss widened by 1.4% from FY 2022).
• HK$5.17 loss per share (further deteriorated from HK$5.10 loss in FY 2022).

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

In the last 12 months, the only revenue segment was Property Investment contributing HK$157.9m. The most substantial expense, totaling HK$229.8m 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 158's revenue and expenses shape its earnings.

Melbourne Enterprises shares are down 1.4% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Melbourne Enterprises.

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