Stock Analysis

SF Real Estate Investment Trust Full Year 2022 Earnings: Beats Expectations

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SF Real Estate Investment Trust (HKG:2191) Full Year 2022 Results

Key Financial Results

  • Revenue: HK$421.5m (up 15% from FY 2021).
  • Net income: HK$439.7m (up 68% from FY 2021).
  • EPS: HK$0.55 (up from HK$0.33 in FY 2021).
SEHK:2191 Earnings and Revenue Growth March 17th 2023

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

SF Real Estate Investment Trust Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 112%.

Looking ahead, revenue is expected to decline by 2.0% p.a. on average during the next 2 years, while revenues in the REITs industry in Hong Kong are expected to grow by 5.7%.

Performance of the Hong Kong REITs industry.

The company's shares are up 8.0% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with SF Real Estate Investment Trust (including 2 which make us uncomfortable).

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