Radiance Holdings (Group) Full Year 2023 Earnings: CN¥0.14 loss per share (vs CN¥0.42 profit in FY 2022)

Radiance Holdings (Group) (HKG:9993) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥34.2b (down 3.0% from FY 2022).
• Net loss: CN¥581.2m (down by 134% from CN¥1.71b profit in FY 2022).
• CN¥0.14 loss per share (down from CN¥0.42 profit 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 Development contributing CN¥34.2b. Notably, cost of sales worth CN¥31.7b amounted to 93% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling CN¥1.24b 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 9993's revenue and expenses shape its earnings.

Radiance Holdings (Group) shares are down 2.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Radiance Holdings (Group) (2 shouldn't be ignored!) that you need to be mindful of.

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